List price to be opening bid. Online Registration and Bidding Opens On Thursday May 19th, 2021 at 1 pm and ends on Tuesday May 24th, 2021 at 1 pm. Single Tenant Commercial Building with Prime Retail Frontage in Essex. The building contains 3,472+/- SF and is configured as offices for a mental health tenant. The tenant is in year 3 of a 5 year lease and is current on all payments. There is an unpaved parking lot in the rear as well as a 1 car garage. Tenant is responsible for the interior space and pays all utilities. Current gross monthly rent of $3374.59. Current gross annual scheduled rent of $40,495.08. The property was previously used as retail and was demised into 2 units. In the future should the owner want to convert the space back to retail, the rental rate would be significantly higher.
Courtesy of: Alex Cooper Auctioneers, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 20th May, 2022 10:13 PM (UTC)
We thought you’d like to know how much your mortgage payment might be. Feel free to use the mortgage calculator to find out the estimated amount!