129 Bank St
$750,000, 3.2 Acres
About This Property
This hard-to-find space consists of 25,000+SF plus an additional 17,000+SF in the lower/basement level. There are approximately 60+ parking spaces on the 3.20 acre lot. Two loading docks on first level and additional dock and garage bays in lower level. Industrial zoning and one owner since 1985. Currently, there are eight (8) tenants in the building occupying approximately 15,500+SF of the building on all levels (upper and basement). All tenants on 12-month leases. Current total gross rent income per month is $9,755.00/mo. plus additional fees for trash/recycling charges. Total average monthly expenses are approximately $3,825/month which includes water, sewer, gas, heat, electricity, insurance, boiler maintenance, and taxes. Mechanicals well maintained. The building also includes an Eaton Powerware 9390 Uninterrupted Power Source (40-80 KVA) which was installed in 2015.
Open, Paved Driveway, 21+ Spaces
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