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List price to be opening bid at online only auction. Online registration & bidding begins Saturday, June 4th @ 2:00pm & ends Thursday, June 9th at 2:00pm. Single Tenant Commercial Building with Prime Retail Frontage in Essex. The building contains 3,472+/- SF and is configured as offices for a mental health tenant. The tenant is in year 3 of a 5 year lease and is current on all payments. There is an unpaved parking lot in the rear as well as a 1 car garage. Tenant is responsible for the interior space and pays all utilities. Current gross monthly rent of $3374.59. Current gross annual scheduled rent of $40,495.08. The property was previously used as retail and was demised into 2 units. In the future should the owner want to convert the space back to retail, the rental rate would be significantly higher.

Property Details of 429 Eastern Blvd

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Listed by Matthew S Cooper of Alex Cooper Auctioneers,Inc.

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