Address
2 School St, Acton, MA
Price
$ 1,100,000
Property Attributes
- MLS#73164047
- TypeCommercial
- CountyMIDDLESEX
- CityActon
- AreaSouth Acton
- Zip01720
- StyleCommercial
- Year Built1860
- Taxes$ 14422
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms6
- Half Bathrooms0
- Lot Size7,841 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Attn Investors/Developers: South Acton Village commercial focal point "Exchange Hall " comes to market after 40 years of ownership. Built 1860. On the Natl Historic Register. Richly embellished Italianate style building w 9610sf ft finished space. High visibility on corner of School & Main St. Improved 0.18 acres. Upgraded with modern heating & electrical systems. Elevator ADA Compliant. 2nd floor retrofitted w gas fha heat. The ground-level suite is occupied by owner's design/build business. Would consider staying on as a tenant. Magnificent ballroom on 4th floor. Magenta Dance leases floors 3-4. 16 paved parking spaces w overflow public parking across St. MBTA station a minute away. Town water/sewer. Many Potential Uses: Residential: condos; Business: art center, educational, religious, retail, offices. Working Bell #199 in Tower included. 2 sides freshly painted. Purchase as package for $2.359M w the 2-fam & 1-fam behind EH on .53 acres + 6 park spaces. History: ExchangeHall.Com
| Price History | |
|---|---|
| 9/27/2023 | Listed $1,100,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| Business Type | Commercial |
| City | Acton |
| County | Middlesex |
| Directions | Use GPS. 2 School St, Acton, or Exchange Hall, Acton. Yellow building on corner of School St & Main |
| Disclosures | Sellers Disclosure & Seller 9/2023 Inspection Report of file. Sewer Betterment Balance approx $8K as of 8/30/23. Approx 6 yrs left to pay off balance. Included in RE Tax. 2023 Tax Rate: $17.56. 2023 |
| Gross Income | 75940 |
| Home Warranty Y/N | No |
| Lot Size Square Feet | 7840 |
| MLS Area | South Acton |
| Net Operating Income | 27512 |
| Operating Expense | 48429 |
| Property Type | Commercial Sale |
| Roof | Slate |
| Senior Community Y/N | No |
| Standard Status | Active |
| Status | Active |
| Street Name | School St |
| Tax Annual Amount | 14422 |
| Tax Year | 2023 |
| Utilities | Public Water, Public Sewer, Natural Gas Available |
| Waterfront Y/N | No |
| Year Built | 1860 |
| Zoning | SAV |
| Zoning Description | Legal Non-Conforming |
Interior Features
| Total Baths | 6 |
|---|
Exterior Features
| Facilitator Compensation | 2.5 |
|---|---|
| Lot Size Acres | 0.18 |
| Lot Size Area | 0.18 |
| Lot Size Units | Acres |
| Total Parking | 16 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 01720
Price
Taxes
Visits
Year Built
Walkscore
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information 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 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
