3 Rice SquareWorcester, MA 01604MLS Number 71872363

  • Sale Price: $445,000
  • 35 Days Since Sale
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Federal 30-year interest rate: 4.53% last updated on Jul 12, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.28Acreage
  • 1965Year Built
  • 3611Square Feet

Family owned for over 40 years! 2 Buildings - 2 separate commercial operations. Corner lot (.28 acre) with high visibility. Interior condition - indication of pride of ownership. Motivated family desires sale. New owner can maintain property, collect rents and watch investment grow.

Listed by William Lee of William T. Lee Real Estate

Listing Sold by William T. Lee Real Estate

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More Info

Parking

  • Parking Spaces20
  • Parking Feature11-20 Spaces, Paved Driveway

Building

  • Year Built1965
  • ConstructionAluminum, Brick, Stone/Concrete, Frame, Mason, Stucco
  • Total Units2
  • Total Bldg Sf3611
  • Reu Units2
  • No Buildings2
  • No Of Restrooms4
  • No Stories1
  • SprinklersNo
  • Sub DividableNo
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg256400
  • DividableNo
  • Undrgrnd TankNo

Basic Information

  • StatusSLD
  • MLS Number71872363
  • Prop TypeCI
  • Status Date2018-06-15T17:02:00
  • Date Listed07/13/2015
  • List Price$445,000
  • Sale Price$445,000
  • Price Per Square Foot$123
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeTriple Net Lease (NNN)
  • DirectionGrafton Street to Rice Square - at Acton Street / Massasoit Road.

Exterior

  • Railroad SidingNo
  • Roof MaterialMembrane, Asphalt/Composition Shingles

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Photos

  • Photo Date2015-07-13T14:30:00
  • Number of Photos15

Other

  • Modification Date2018-06-15T17:02:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresTriple net long term lease.
  • Depth12367
  • Book48932
  • Listing AgreementExclusive Right to Sell
  • Block8
  • Ref Bldg Sf3611
  • Plat PlanYes
  • ExchangeNo
  • Firm Rmk1All measurements and details to be verified by buyer, and buyer agent.
  • Mill Rate33
  • Page208
  • Sale Date06/12/2018
  • View Count2

Location

  • Building Number3
  • Street No3
  • StreetRice Square
  • TownWorcester
  • StateMA
  • Zip01604
  • CountyWorcester
  • LocationDowntown, Urban, Free Standing, Highway Access, Public Transportation, Central Business District, Corner Lot

Property

  • Acreage0.28
  • Net Operating Inc43233
  • Space AvailableFor Sale
  • Site ConditionDry, Level, Open
  • Square Feet3611
  • SubletNo
  • Lot36&37
  • Gross Annual Exp13995
  • Lot Size12332
  • Frontage128
  • Gross Annual Income57228
  • Handicap AccessYes
  • Assessed Value Land61000
  • Main SoK01179
  • Main LoK01179

Your Local Office

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50 Central Street,
Leominster, MA 01453

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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