259 Massachusetts Ave

Estimated Monthly Payment: $19,695/mo 259 Massachusetts Ave, Arlington, MA 02474 MLS# 72527851 Commercial/Industrial Listing Status: Active

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REMARKS:

Medical Office Landmark in East Arlington. A grand Victorian property on Mass Ave including 22 individual professional offices, 4 waiting rooms, and 12 parking spaces. The Healing Center has been in operation for the past 33 years and is fully tenanted with leases and annual escalations. The tenant base is comprised of psychotherapy professionals who provide evaluation, prevention, diagnosis, and treatment of mental, emotional and behavioral health issues as well as massage therapists, and acupuncturists. This property is in high demand for professionals who seek a place that is 100% dedicated to Health and Wellness. Several long-term tenants, and a waiting list to fill any space that becomes available. Property is well maintained and offices are updated with hardwood floors and new windows. All work was done to code and systems are commercial grade. Property tours by appointment only. Property is also being offered as a portfolio sale with 360 Mass Ave, Arlington MLS # 72527860

OVERVIEW:

Commercial/Industrial
Commercial
Active
East Arlington
1991
0.16
Shingle
4
11-20 Spaces
11-20 Spaces
Public Water, Public Sewer

FINANCIAL:

$4,000,000
$17,455
2019

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Jonathan Hindmarsh, Coldwell Banker Residential Brokerage - Arlington

 

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