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Multi-tenant net leased office building (+/- 6,900 s.f.) for sale. This well positioned, free standing condominium (1 of 2) is occupied by 2 long-term tenants (financials available to qualified buyers) and recent exterior and interior upgrades make for virtually hands free ownership. Approx. 1 mile north of the Sagamore Bridge and 2 miles south of Exit 2 (of Route 3, Cedarville, MA), this site allows for easy access to cover all of Barnstable, Plymouth and Bristol Counties, as well as Routes 3, 6, 25, 28, 195 and 495.The 3 story structure is fully occupied, with the top 2 floors of high quality office space accessed from the front and leased to Green Seal Environmental who has occupied this structure since January of 2009. Walk-out lower level is accessed from the rear and is occupied by both GSE Engineering, as well as Bridger Scientific, who has occupied their space since the spring of 2001. Each floor consists of approximately 2,300 square feet, and ample parking exists in the front and rear of the Subject Property, as well as the nearly identical sister property, which share the use and maintenance of the common parking serviced by a common driveway. This structure is heated / cooled by a natural gas HVAC system. This offering is improved by 25Kw solar system that was installed in February of 2016. The power produced by this system goes to the common meter and is currently to the benefit of the existing tenant GSE. Upon a departure, the new owner will receive this benefit (valued at +/- $5,000 annually). In addition, this system will produce 5 additional years of SREC sales, currently valued at +/- $7,000 annually, which are to the benefit of new ownership upon transfer of title. This property is being offered at a +/- 8 cap."

More Info

Location Information

  • Directions Take exit for Sagamore Beach from the Sagamore Bridge. Left on Route 3A (State Road. Property on right

School Information

  • High School DistrictBourne

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame, Sheet Rock
  • FoundationPoured
  • Year Built1981

Utilities

  • Cooling Other
  • Cooling YN Yes
  • Heating Forced Air
  • Heating YN Yes
  • Sewer Septic
  • Water Source Public

Basic Information

  • Mls Status Active
  • Parcel Number 3.0362
  • Unit NumberB
  • VillageBourne

Location

  • Address114 State Road
  • Building Number114
  • CountyBarnstable
  • StateMA
  • StreetState Road
  • TownSagamore Beach
  • Zip02562

Exterior

  • RoofAsphalt

Amenities

  • Appliances IncludedGas Water Heater, Water Heater
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $511,800
  • Tax Year 2021
  • Taxes$5,512

Basic Information

  • List Price$850,000
  • MLS Number22105467
  • Modification Date05/25/2022
  • Property SubTypeOffice

Property

  • Acreage0.83

Interior

  • Flooring Carpet

Property Information

  • Living Area Units Square Feet
  • Lot Size Square Feet 36,155
  • Lot Size Units Acres
  • Square Feet6,900

Other

  • Date Listed09/07/2021
  • Special Listing Conditions Standard
  • View Count3

Map Location

Driving Directions

Listing Courtesy of Commercial Realty Advisors,Inc.

broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than Lomenzo Properties, Inc. are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor Lomenzo Properties, Inc. shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated May 28, 2022. All properties are subject to prior sale, changes, or withdrawal.

Lomenzo Properties, Inc. has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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