Commercial for Sale: 555 Whipple Rd, Tewksbury, MA 01876 SOLD

$1,500,000
$1,500,000
555 Whipple Rd, Tewksbury, MA 01876 SOLD
$1,500,000
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Selling Price: $1,500,000
Original List Price: $2,099,000
Sold at 71.5% of list price
Sold Date: 11/04/2024

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Type Commercial
Lot Size 5.88 acres
Year Built 1962
City Tewksbury
County Middlesex
MLS 73287160
Status Closed
DOM 56 days
Investors, Developers, and Builders Take Note - Income-producing property with potential for residential home development!555 Whipple Road, Tewksbury, MA, is a 5.88-acre mixed-use property with frontage on both Whipple and Farwood Roads. The site includes a 3-bedroom, 2-bath vintage-style ranch home with a partially finished lower level, an inground pool, and an attached two-car garage. The residential structure is complemented by a two-story commercial-use office and training facility (approximately 1,160 sq. ft.).Approximately 2.9 acres are currently leased to a commercial transportation company. The lease includes the use of the office and training facility. The portion of the property with frontage on Farwood Road consists of undeveloped land and could be subdivided for residential homes (2 acres).The current residence is unoccupied and could be rented for additional income.Qualified buyers are encouraged to call for additional details.

Lot & Building Features

Tax Year 2024
Taxes Paid $11,488

Price History of 555 Whipple Rd

Date Name Price Difference
09/09/2024 Listing Price $1,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Cheryl Brown
Direct: 603-929-1100
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by RE/MAX Platinum, Scott Jones
Sold by J. Borstell Real Estate, Inc., Jeffrey Borstell
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Listing information courtesy of: RE/MAX Platinum

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.