147-149 Merrimac St #7-8 Newburyport, MA 01950

Investors: This is a great investment with a 10.3 Cap Rate. This 850 square foot commercial space is made up of two combined commercial condos, units 7 & 8. This space can be used for retail or office space.There is a bright and open reception area with work stations, a large conference room with a wall mounted television screen for presentations, a private office with it's own exterior entrance and a storage closet and bathroom. The heat and lighting is all electronically controlled through your smart phone and the space has been updated in the past eighteen months. The heat is natural gas forced hot water and the AC is a wall mounted AC unit that cools the whole space. Low condo fee of $208 a month includes, master insurance, water and sewer, exterior maintenance and snow removal. This is a prime location with maximum visibility and signage. List agent is the owner of the unit.