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25788683
25788700

94-104 N Main St, mansfield, MA 02048

MINQ Property Group LLC
Listed by MINQ Property Group LLC
$3,295,000
303 days on market
Updated 18 days ago

Mansfield Mixed-Use

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building
Square Footage 13,163
Net Rentable (SqFt) 8,526
Units 8
Cap Rate 6.01%
NOI $198,030
Occupancy 90%
Pro-Forma Cap Rate 6.45%
Pro-Forma NOI $212,552
Price per SqFt $250
Broker Co-Op Yes
Class B
Year Built 1900
Buildings 1
Stories 2
Lot Size (SqFt) 13,163
Investment Type Value Add

MIXED-USE, 8 UNITS, 9 PARKING SPACES & POTENTIAL FOR EXPANSION

Marketing description

INVESTORS take note of this prime exchange opportunity to acquire a high-performing, mixed-use asset. 94-104 N Main Street features 8 total units comprised of street-level commercial and residential above. The total building area is approximately 14,075 GSF sited on 0.3 acres (13,163 sq. Ft.), providing ample parking both on-site and via the adjacent municipal lot. Strategically located in the heart of Mansfield’s downtown commercial district less than ½ mile to the MBTA commuter rail offering service to Boston (North) and Providence (South). The property allows excellent access to major routes including Interstates 95/495 and close proximity to major retailers providing endless options for dining, entertainment and services. Excellent opportunity to acquire a performing asset with value-add benefits via cosmetic upgrades and potential expansion. Tours To Be Announced, with a Call for Offers to follow.

Investment highlights

8-unit mixed-use building

14,075 SF | 13,163 SF lot

Steps to MBTA commuter rail (Boston/Providence access)

Near I-95 & I-495

Tons of parking + municipal lot access

Close to major retailers, dining, & entertainment

Turnkey income + value-add upside

Listing Contacts

MINQ Property Group LLC
Listed by MINQ Property Group LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$198,030.00
$16,502.50/mo

Valuation Metrics

0
DSCR
6.01%
Cap Rate
6.01%
ROI

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