Karen Adelson - Barrett Sotheby's International Realty

138 Great Road, Bedford, MA 01730  

Commercial
$1,777,000
Price
1
Buildings
Commercial
Type of Comm.
13,617.00
Lot Size
INVESTORS TAKE NOTICE: Intriguing, exceptional one-of-a-kind offering of a mixed-use property with 3 commercial units and 3 desirable residential apartments prominently located in the heart of Bedford Center’s Historic District. Most units are presently occupied by long-term tenants. The front office has considerable prestige and includes the grandfathered-in heritage sign. Original structure built circa 1880 houses apartments 1 and 2. The front portion of the building was added in 1962 to include the 3 commercial units. In the early1980s, a spacious 2-story townhouse apartment was added above the front commercial space. With 7 rms, & 2 full baths, the building became likely one of the most attractive along the Great Road. Among some of the costly improvements by the present owners during the past 15 years: new front and side granite stairways, 6 boilers, roof, lawn sprinklers, electrical, split a/c, gutters, repointed foundation, patio, recently repaved and lined parking lot.
Open House
No scheduled Open Houses
Highlights
Lot Size: 13,617.00
Acres: 0.31
List Price: $1,777,000
Type: Commercial
Type of Comm.: Commercial
Status: Under Agreement
Stories: 3
Buildings: 1
Total Units: 6
Total Sq. Ft.: 5,230
Year Built: 1880
Approx. GLA: 5,230
Sub Dividable: N
MLS#: 72868739
 
Interior
Elevator: No
Exterior
Acres: 0.31
Depth: 165
Space Dividable: No
Easements: No
Expandable: No
Handicap Access: No
Lot Size: 13,617.00
Parking Spaces: 14
Parking Features: Garage, 11-20 Spaces, Improved Driveway, Paved Driveway
Construction: Frame
Roof Material: Shingle
Site Condition: Level
Sprinklers: No
Location: Downtown, Suburban, Park, Shopping Mall, Free Standing, Public Transportation
Utilities: Public Water, Public Sewer, Natural Gas, Fiber Optic
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $509,100
Condo Assoc.: No
Assessed Land Value: $279,600
Exchange: No
Gross Annual Income: $141,075
Taxes: $16,948
Tax Year: 2021
Lien and Encumbent: No
Book/Page: 47698/412
Lease Price Includes: Not Applicable
Sublet: No
Special Financing: No
Survey: No
Total Assesed Value: $788,700
Zone Description: Legal Conforming
Features
Office Sq. Ft.: 2,092
Office Units: 3
Residential Sq. Ft.: 3,138
Residential Units: 3
 
 
Additional
Disclosure Declaration: Yes
Disclosure: Most tenants have current leases from 1-2 years. Located in Bedford's Historic District. The prominent signage on the front lawn is "grandfathered". The parking lot was torn up and repaved last Fall.
For Lease: No
Space Available: For Sale
Map
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The listing office is Barrett Sotheby's International Realty and the listing agent is Lorraine Griecci. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/27/2021 1:35:00 AM.