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114 State Road, Unit BBourne, MA 02562MLS Number 22105467

  • Price: $900,000The price has recently decreased
  • 20 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 2.88% last updated on 2021-09-23

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114 State Bourne MA 02562
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Multi-tenant net leased office building (+/- 6,900 s.f.) for sale. This well positioned, free standing condominium (1 of 2) is occupied by 2 long-term tenants (financials available to qualified buyers) and recent exterior and interior upgrades make for virtually hands free ownership. Approx. 1 mile north of the Sagamore Bridge and 2 miles south of Exit 2 (of Route 3, Cedarville, MA), this site allows for easy access to cover all of Barnstable, Plymouth and Bristol Counties, as well as Routes 3, 6, 25, 28, 195 and 495.The 3 story structure is fully occupied, with the top 2 floors of high quality office space accessed from the front and leased to Green Seal Environmental who has occupied this structure since January of 2009. Walk-out lower level is accessed from the rear and is occupied by both GSE Engineering, as well as Bridger Scientific, who has occupied their space since the spring of 2001. Each floor consists of approximately 2,300 square feet, and ample parking exists in the front and rear of the Subject Property, as well as the nearly identical sister property, which share the use and maintenance of the common parking serviced by a common driveway. This structure is heated / cooled by a natural gas HVAC system. This offering is improved by 25Kw solar system that was installed in February of 2016. The power produced by this system goes to the common meter and is currently to the benefit of the existing tenant GSE. Upon a departure, the new owner will receive this benefit (valued at +/- $5,000 annually). In addition, this system will produce 5 additional years of SREC sales, currently valued at +/- $7,000 annually, which are to the benefit of new ownership upon transfer of title. This property is being offered at a +/- 8 cap."
Listed by Kevin Pepe of Commercial Realty Advisors,Inc.

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Brattleboro VT, 05302

Office: 802.254.7279

More Info

Basic Information

  • Unit NumberB

Building

  • Year Built1981
  • Commercial UnitsYes
  • Industrial UnitsNo
  • Residential UnitsNo
  • Stories3
  • BasementFull
  • CondoYes
  • FoundationPoured
  • Lead PaintUnknown
  • Square Feet6900
  • SQFT Source DisplayAssessor

Exterior

  • Siding DescriptionFrame
  • Exterior FeaturesNone
  • Roof DescriptionAsphalt

Water Body

  • WaterfrontNo
  • Beach DescriptionNone
  • Water ViewNo
  • Water AccessNone

Photos

  • Number of Photos1
  • Last Picture Change Date Time09/09/2021

Parking

  • Parking Spaces

Location

  • Building Number114
  • StreetState
  • Street SuffixRoad
  • VillageSagamore Beach
  • StateMA
  • Zip02562
  • CountyBarnstable
  • TownBourne
  • Directions to PropertyTake exit for Sagamore Beach from the Sagamore Bridge. Left on Route 3A (State Road. Property on right
  • School DistrictBourne

Interior

  • WallsSheet Rock
  • FlooringCarpet

Utilities

  • Hot Water or Water HeatTank
  • WaterTown Water
  • Heat SystemForced Hot Air
  • CoolingOther
  • Fuel TypeNatural Gas
  • SewerSeptic

Other

  • Publish to Internet1
  • Title Reference Book23503-350
  • Business with Real EstateNo
  • Special List CondNone, Standard

Basic Information

  • Date Listed09/07/2021
  • Property Type DisplayD
  • Business TypeOffice/Professional
  • List Price$900,000
  • Modification Date09/09/2021
  • Original Price$900,000
  • MLS Number22105467
  • MLS StatusActive

Property

  • Acreage0.83
  • Lot Size Square Feet36155
  • Number of Buildings1
  • Flood ZoneNot Verified
  • Lot Size SourceAssessor
  • RenovatedNo

Amenities

  • Other AmenitiesBasement

Auction

  • Total Assessments$511,800
  • Improvement Assessment$511,800

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Call: 802.254.7279

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broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than CCAI - East Coast Inn Brokers are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor CCAI - East Coast Inn Brokers shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated September 26, 2021. All properties are subject to prior sale, changes, or withdrawal.

CCAI - East Coast Inn Brokers has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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