Description

380 Main Street Wilmington, MA is a well-maintained mixed-use building with a long history of high occupancy rentals and dependable rent growth. The property consists of 1 retail space and 5 residential units. With easy access to I-93 and the Wilmington MBTA station across the street, 380 Main Street is 100% occupied with long-term tenants below market rents. The current owner has made many updates to the property including new windows and updated electric service. The 4,415.0 SF 6-unit mixed-use building is set on Main Street in Wilmington, MA. With easy access to I93 and Commuter Rail Wilmington T stop, this location is perfect for any small business looking for steady income through retail storefronts while generating income from residential apartments. Wilmington is a town in Middlesex County, Massachusetts, United States. Its population was 23,349 as of the 2020 United States Census. This property has been meticulously cared for and updated by the current owner. The first level features two commercial storefronts that are both leased on a NNN basis with long-term tenants in place. There are also two one-bedroom apartments on the second level that have been updated and are currently leased. Want to learn more? https://masscommercialproperties.com/... Are you looking to sell your commercial real estate? ~~~~ Subscribe to MANSARD’s Youtube Channel: https://www.youtube.com/channel/UCGn7... ~~~~ Check Out Our Latest Video: https://www.tubebuddy.com/quicknav/la... ~~~~ Get Your Selling & Capital Gains Tax Guide: https://masscommercialproperties.com/... ~~~~ Want to know how to calculate commercial real estate value? https://masscommercialproperties.com/... ~~~~ Connect with MANSARD on LinkedIn: https://www.linkedin.com/in/jeremycyr... ~~~~ Follow MANSARD on Facebook: https://www.facebook.com/mansardcre 00:00 Introduction 00:53 Approaching the market 01:27 When buyers ask for extensions 02:34 What happens with the 3rd buyer