Retail Space - For Sale
539 Berkley Street Berkley, MA 02779
Details & Description
Price: $559,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.500
  • Building Sq Ft 4,000
  • Building Price per Sq Ft $139.75
  • Land Sq Ft 21,780
  • Land Price per Sq Ft $25.67
Retail Strip plaza in growing Town of Berkley. Three units consisting of a Pizza Restaurant, Convenience Store and Hair Salon. NNN leases in place for all Restaurant and Convenience Store, Hair Salon is a modified gross lease. Average NOI of $39,800 and a Cap rate of 7.1%. Leases to be reviewed with serious inquiries.Great investment opportunity, will not last!
Listing Agents
George Pissimissis

O: 617-339-1449
M: 508-685-7919
georgos72@hotmail.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

539 Berkley Street

Berkley, MA 02779

Listing ID: 272317
$559,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.500
  • Building Sq Ft 4,000
  • Building Price per Sq Ft $139.75
  • Land Sq Ft 21,780
  • Land Price per Sq Ft $25.67
  • 539 Berkley Street Berkley, MA 02779 | for Sale | Photo 1
  • 539 Berkley Street Berkley, MA 02779 | for Sale | Photo 2
  • 539 Berkley Street Berkley, MA 02779 | for Sale | Photo 3
539 Berkley Street | for Sale | Thumbnail 1
539 Berkley Street | for Sale | Thumbnail 2
539 Berkley Street | for Sale | Thumbnail 3
Description

Retail Strip plaza in growing Town of Berkley. Three units consisting of a Pizza Restaurant, Convenience Store and Hair Salon. NNN leases in place for all Restaurant and Convenience Store, Hair Salon is a modified gross lease. Average NOI of $39,800 and a Cap rate of 7.1%. Leases to be reviewed with serious inquiries.

Great investment opportunity, will not last!

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Providence History of Retail Space for Sale

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Berkley Area Market Trends

Listing Demographics for 539 Berkley Street Berkley, MA 02779

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population3,45639,48671,335
Population Median Age413940
Population by Age0-9 Yrs344 (9%)4775 (12%)7970 (11%)
10-19 Yrs395 (11%)5749 (14%)9244 (12%)
20-29 Yrs461 (13%)4362 (11%)8191 (11%)
30-39 Yrs477 (13%)5948 (15%)9864 (13%)
40-49 Yrs383 (11%)5022 (12%)9273 (12%)
50-59 Yrs607 (17%)5265 (13%)10541 (14%)
60-69 Yrs411 (11%)4400 (11%)8631 (12%)
70+ Yrs378 (10%)3964 (10%)7621 (10%)
Median HH Income$71,400$58,243$69,076
Total Household Income< 24K241 (18%)3278 (21%)5009 (18%)
25-49K245 (18%)3458 (22%)5550 (20%)
50-74K212 (15%)2387 (15%)4184 (15%)
75-99K168 (12%)1935 (12%)3959 (14%)
100-199K377 (28%)3636 (23%)7371 (26%)
200K+91 (6%)609 (3%)1651 (5%)
Highest Education LevelNo Diploma36339166506
Diploma or GED781902616289
Some College46554719890
Assoc. Degree27726534854
Bachelors Degree37138238358
Higher Degree18618624252
Total Housing Units1,44616,46129,448
--Owner-Occupied1,0298,79318,695
--Renter-Occupied3056,5089,029
Owner-Occupied Values< 100K645061084
100-199K13614102951
200-299K38731155997
300-399K29327365698
400-499K1007021867
500K+493251098
Total Working Age Population2,84330,91657,510
In Work Force1,99920,77439,085
Not In Work Force84410,14218,425
Workforce Employed1,86219,57636,889
Workforce Unemployed1371,1982,163
Civlian Workforce1,99920,77439,052
Military Workforce0033
Total Households1,33415,30227,724
Family Households8929,77618,177
Non-Family Households4425,5269,547
Married Couple6295,90412,264
Other Family2633,8715,913
Married w/Child2292,3274,561
Single Male w/Child42510662
Single Female w/Child641,6802,314

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Massachusetts6,349,097+36,547,629+66,933,887+47,225,472
Bristol County534,678+3548,285+2561,478+1567,277
Plymouth County472,822+5494,919+5518,508+3534,464

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Theodore Francis Green State Airport (PVD) 19
General Edward Lawrence Logan International Airport (BOS) 35
Manchester-Boston Regional Airport (MHT) 75