Legacy asset next to City Hall for sale with part 1 approvals in hand totaling $4 Million of federal and state historic tax credits to be used for construction and redevelopment. Sellers can assign the tax credit approvals and application over to the new buyer. Sellers are open to staying on to help facilitate construction efforts or JV with the new sponsor. Please see conceptual design plans attached which include four units per floor. Floor plans can be modified to include more residential units on floors two and three and use of the first floor can change as well, however it's conceptually designed to accommodate a restaurant. Accompanied showings only. More information to be provided upon request.
38,000 Sq Ft
3,920 Sq Ft Exterior Space
Commercial
$19,530 Annual Tax
Built in 1906
MLS/Listing ID 73305811
Listing Courtesy of VICENTE REALTY, LLC, ADELINO VICENTE - 508-944-3144
Source of Data: MLS PROPERTY INFORMATION NETWORK