609 Newport Ave, Attleboro, MA 02703

$949,000

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List Price
$949,000
MLS#
73571817
Status
NEW
Type
Commercial
City
Attleboro
County
Bristol
Year Built
1905

Property Description

Exceptional opportunity to own a versatile 3-unit mixed-use property in Attleboro, consisting of one commercial unit and two residential units. Ideal for an investor seeking multiple income streams or a business owner looking to own their commercial space, build equity and benefit from residential rental income. The commercial unit offers approximately 1,800 SF with a flexible layout including multiple offices/work areas, reception and conference space, kitchenette, storage, bathroom and a full bathroom! and private entrances. Excellent potential for professional office, medical, wellness, service-oriented or other commercial uses, subject to zoning and municipal approvals. The property also includes two renovated 2-bedroom residential units, both currently occupied and producing rental income. Both residential units are currently rented below market value, offering potential upside and an opportunity for future income growth as leases and market conditions allow. Adding even more potential, a buyer may wish to explore the possibility of converting or redeveloping the existing commercial space into an additional residential unit or other residential configuration. No representation is made regarding the feasibility or approval of any conversion. Any change of use, redevelopment or additional residential use is subject to applicable zoning, permitting and municipal approvals, and is solely the responsibility of the buyer to investigate and verify. A major capital improvement has already been completed with a brand-new roof installed in 2025, adding value and reducing a significant near-term expense. Highly visible Attleboro location with convenient access to Route 1, MBTA commuter rail, shopping, restaurants and major highway routes .An owner-user can operate a business from the commercial unit while collecting rent from both residential units, or an investor can capitalize on the income potential of all three units and explore future redevelopment possibilities. Buyer and buyer's agent to perform all due diligence and independently verify all information contained in the listing, including but not limited to measurements, square footage, rents, zoning, permitted uses and potential future development. Some listing photographs may not reflect the property's most recent renovations and current condition.

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Listing courtesy of Listing Agent: Carol ElKurdi from Listing Office: Keller Williams Realty Boston South West.