MLS® ID: 72434762
203 Turnpike St
North Andover, Massachusetts, 01845 $446,000
Investment opportunity! A group of four fully occupied office condominiums for sale at the North Andover Office Park located across the street from Merrimack College. All leases have multi years remaining and are occupied by long term tenants. CAP rate for the investment is just under 8%. Certainly a more "stable" investment then the stock market. The North Andover Office Park is zoned for both medical and office use with direct access from RT 114 and RT 125. The office park has over 400 parking spaces.