aisellshomes.space

$2,700,000

Active

490 N Main St

Randolph, MA, 02368

Commercial · MLS #73545073

Days on market

8 days

Lot size

0.98 ac

0.98 acres

Lot

About this home

Investment Opportunity! Great Cash Flow! 35 Commercial Offices on busy Randolph route! Close to everything!!!Here is a rare opportunity to own this elegant, field stone and wood frame, High Queen Ann Style Victorian Mansion (The Belcher Mansion) converted to professional office space and attached professional office building. This 23,000 (+/-) sf office complex, known as The Belcher Professional Center, is the ideal South Shore location for businesses and professionals looking to locate on the route 28 corridor between the I-93 / Route 128 split and Randolph Center. The complex offers distinctive quarters for a business that wants to set itself apart from companies located in the typical cookie-cutter office space. Offices in “The Mansion” make an enterprise stand out as focused on quality and class. This is a great investment opportunity for investors or users.See attachments for Expenses and rent roll!! Cap Rate is 7.9%

Location

490 N Main St, Randolph, MA, 02368

Listed by Bernie Hassan · Lamacchia Realty, Inc.

Schedule a showing

490 N Main St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$17,706 / month

Down payment20% · $540,000
Interest rate6.66%

Loan term

Principal & interest
$13,881
Property tax
$2,700
Home insurance
$1,125

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).