Brought to you by: Mark Bishop - RE/MAX Insight
238 Pleasant Street
Methuen, MA 01844

Phone: (603) 952-4655 Fax: (603) 952-4650

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Prepared for : Jul-27-2017 04:33:03 pm

487 Humphrey Street
Swampscott, MA. 01907
MLS # 72074739
Comm./Ind. Commercial
Status Under Agreement
County Essex
Directions Humphrey Is Rt129. Between Puritan Road And Phillips Park
List Price $599,900 Zoning B1
List Date   Days on Market  
Sale Price   Est. Street Front 49
Sold Date   Depth 0
Assessed Value $629,400 Waterfront  
Lot Size 6,054SF Parking Spaces 8
Square Footage 3,920 # Units 4
Taxes $19,416.70 Tax Year 2016
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Priced 30k under town assessment. Great Commercial / Mixed Use opportunity located 1 block from the ocean in the B-1 zoning district. Previously used as an upscale Med Spa and Salon. The building is a prefabrication construction in 2001. There have been extensive interior updates to the Salon which is approximately 2500 sq ft including newer HVAC and central air and tiled flooring over the last few years. Currently classified as 1 residential apartment and 3 commercial units. Off street parking for approximately 8 cars with plenty of street parking available. High visibility on Humphrey Street. Great potential for continued Spa and Salon use as well as possible medical space. Buyers to do due diligence on usage. Residential apartment leased at $1300 monthly, Salon available for lease at $3500 monthly and 2 commercial units available at $550 monthly.

# Restrooms : 5
Construction : Frame
Driving Doors : 0
Easements : 0
Elevator : No
Handicap Accessible : Yes
Loading Docks : 0
Location : Downtown
Parking : 1-10 Spaces
Plat Plan : Yes
Railroad Siding : No
Roof : Shingle
Survey : Yes
Traffic Count : 0
Underground Tank : No
Utilities : Public Water, Public Sewer

Building Assessed Value : $412,600
Land Assessed Value : $210,600
Special Financing : No

21E on File : No
Association Info : Association Available?: No
Deed : Book: 25987, Page: 522
Disclosure Declaration : Yes
Exchange : No
Exclusions : 2 sets of washers and dryers. Salon equipment.
Foreclosure : No
Identifier : Map: 19, Block: 180
Lease : No
Off Market Date : 5/2/17
Short Sale : No
Site Condition : Level, Improved
Space Available : For Sale
Sublet : No
Year Built Source : PR
Zone Desc. : Legal Conforming

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