See Inside: MA Mall Selling For $2.8 Million

MASSACHUSETTS, MA — This list is for mall rats only.

The 11-unit Pepperell Mall shopping plaza hit the market recently for the low price (compared to other malls) of $2.8 million. The property boasts 11 commercial units, plenty of parking and access to Route 3. Check out the details.

• Address: 112 114 Main St, Pepperell, MA
• Price: $2799000
• Square feet: 16297
• Listing Description: Amazing investment opportunity in the heart of Pepperell! Seller has invested over $500k worth of renovations to both the interior and exterior of the property the past 15 years. Conveniently situated in the heart of Pepperell, this property is located in a high traffic area and is only 7.5 miles from Route 3. There are 11 units, with a current occupancy rate of over 80%. 8 of the occupied units pay rent plus NN, 2 units paying NNN, and 1 unit is a gross lease. Roof above units 1 through 5 replaced in 2021/2022. Additional renovations include brick facade, lighting, pillars, and signage. HVAC units are tenants responsibility. Tenant of 1-3 is responsible for exterior maintenance. Owner responsible for snow removal only. Detailed income/expense figures, lease information, & rent roll will be provided to serious buyers only. Please do not speak with or disturb current tenants. Please contact listing agent to view the 2 vacant units and for additional info.

Listed by: Brian Flynn Team, Keller Williams Realty Evolution

For more information click here. See more photos of the listing below, courtesy of Keller Williams Realty Evolution:

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