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$ 1,250,000
Est. payment | /mo
0.32 Acres Lot
$ 1,250,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73319496
HOA Y/N false
Year Built 1987
Annual Tax Amount $23,695
Tax Year 2024
Lot Size 0.320 Acres
Acres 0.32
Property Description
Prime mixed-use property at 264 Grafton St offers an excellent investment opportunity in a high-visibility corner location. The first floor houses a popular taco spot, while the upper levels feature three residential units: a studio and two one-bedroom apartments, all generating steady rental income of approximately $3,000/month on month-to-month agreements. The property includes an attached lot with 18-20 parking spaces, presenting potential for future development. With its strategic location, diverse income streams, and buildable lot, this property is perfect for investors or entrepreneurs seeking a versatile and lucrative asset.
Location
State MA
County Worcester
Zoning BL-1
Direction Hamilton to Grafton
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 20
Others
Senior Community false
Listed by Castinetti Realty Group
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