354 Turnpike Street is an office building that contains 20,100 square feet office space with 2.5 acres land. A three-story 100% office building. The first and second floors are leased, with stable annual income of $181,200, generates $91,583 net income; and the third floor will be ideal for owner occupy or rented for approximately $8,500 per month, bring the annual income over $280,000, which would yield a cap rate of above 7%. The building is in good condition:18 brand new central air-conditioning system, building exterior wall was renovated in 2019, well-maintained interior.An additional piece of land belong to this property that can be leased or developed into commercial real estate after obtaining municipal permits.Located 2 miles to the Route 128/138 interchange, with close proximity to Canton Center. Signage is available on Route 138, with high visibility to over 23,880 cars per day. Seller financing Possible, Parking lot space just rented out, bring extra income $20,400/year.
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