See Home Value
$255,000
● Commercial - Off Market

78 Front #2

Marblehead, MA 01945
bedrooms
Studio
bathrooms
0 Bath
square feet
933 Ft²
$437,183
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Location, Location, Location - the "100% Corner" if going to or from Marblehead harbor. Landmark historic building known as the Palmer-Smethurst Building was formerly a warehouse and now a mixed use building of retail, office and residential.If your office or retail business can benefit from high visibility(five large windows), this corner location of 933sf may be for you. Heat and electric charges averaged $116 per month in 2015. CEC is $188 per month. One parking space (see Disclosure). Present configuration is office with four private offices and a reception area. Rare opportunity to purchase a property below its assessed value. Also, as current tenants would like to stay, it is a good opportunity for an Investor. A second parking space is available for purchase or rent.
Unit Size
933 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$284
Property Type
Commercial
Property Taxes
$249
HOA Dues
$188
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MLSPIN #72039200)

Price History

Date / Event Date Event Price
Nov 10, 2016 Sold
Sold
Jul 16, 2016 Listed by Harborside Sotheby's International Realty $265,000
Listed by Harborside Sotheby's International Realty

Property Highlights

Exterior Details
Square Footage: 933
Year Built: 1727
Building Area Total: 933
Building Area Units: Square Feet
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5140
Tax Lot: 2
Financial Details
Tax Map Number: 148
Tax Annual Amount: $2,982
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
HOA Fee: $188

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20171113 Unit 3
11/13/2017
3
Loft
-
-
$229,000
bedrooms
Loft
bathrooms
-
$216,000 -5.68%
10/22/2018
Daniel Devan
Sagan Harborside Sotheby's International Realty
20160716 Unit 2
07/16/2016
2
Loft
-
933 ft²
$265,000
bedrooms
Loft
bathrooms
-
square feet
933 ft²
$255,000 -3.77%
11/10/2016
Daniel Devan
Sagan Harborside Sotheby's International Realty
20020731
07/31/2002
Loft
1 Bath
790 ft²
$225,000
bedrooms
Loft
bathrooms
1 Bath
square feet
790 ft²
$212,500 -5.56%
03/31/2003
Gloria Gutwirth
Coldwell Banker Residential Brokerage - Marblehead

Building Info

78 Front Street 78 Front Street, Marblehead, MA 01945
More about this Building
78 Front Street
Want to find out who owns 78 Front Street, Marblehead, MA 01945? Get detailed property transactions here.

About Marblehead


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals