$5,349,000
$5,595,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
75 Turnpike Rd Ipswich, MA 01938
35,000 SqFt
Key Details
Sold Price $5,349,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 35,000 sqft
Price per Sqft $152
MLS Listing ID 72533582
Sold Date 10/09/19
Year Built 1987
Annual Tax Amount $35,000
Tax Year 2019
Lot Size 3.700 Acres
Acres 3.7
Property Description
The Ipswich Plaza is a well-established retail center located along the heavily traveled and busy business corridor of Rte 1. The property consists of four buildings sited on 3.7 acres with over 400 feet of frontage. The property has been well maintained by the same owner for the last 32 years. This desirable location is over 95% leased. Tenants benefit from a digital pylon sign at the street, visibility to over 14,000 vehicles per day and a tenant mix designed to drive traffic through the plaza. Patrons enjoy plenty of parking with over 140 spaces on site (4:1 ratio). Strong demographics in the area have attracted national retailers such as Tractor Supply, Cumberland Farms and O'Reilly Auto Parts to move in across the street. Adjacent 2.5 acre lot also available for sale. See broker for details.
Location
State MA
County Essex
Zoning PC
Direction Rte 1 North. 4 miles North of the Topsfield Fairgrounds, 1.3 miles South of the Agawam Diner.
Exterior
Utilities Available Public Water, Private Sewer, Natural Gas Available
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Bought with Walter Zenkin • AA Premier Properties, LLC
