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Investors and business owners take notice with this 4 Unit, Mixed use property that contains 2, 2-bedroom, residential units, and 2 commercial units. close to the ocean and downtown area. Very well-maintained property with existing owners' business on site. Current owners' family run business uses most of the building but can be reduced to allow leases of the residential 2 bedrooms, and the additional commercial unit. Price does include owners' family run business in the sale price. Please refer to floor plans. Plenty of off-street parking. The location is key, with its proximity to the ocean. Condo conversion potential is outstanding and/or buy as is for investment with the business transfer. Owners willing to stay on and train and stay on as employees as well. Due to owner's use of the building current rent roll is not at market. This is a Turnkey building and business. Taxes and balance sheet on business available with signed NDA.

More Info

Basic Information

  • Mls StatusUnder Agreement
  • Parcel Number M:0019 B:0180 L:0,2167845

Tax Information

  • Tax Year 2025
  • Taxes$19,612

Basic Information

  • List Price$1,900,000
  • MLS Number73409435
  • Modification Date03/17/2026
  • Purchase Contract Date03/17/2026
  • Virtual TourView Tour

Location

  • Address487 Humphrey Street
  • Building Number487
  • CountyEssex
  • StateMA
  • StreetHumphrey Street
  • TownSwampscott
  • Zip01907

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available, 220 Volts
  • Year Built2001

Property

  • Acreage0.14

Property Information

  • Living Area 3,920
  • Lot Size Square Feet 6,055
  • Lot Size Units Acres
  • Square Feet3,920

Legal

  • ZoningB1
  • Zoning Description Legal Conforming

Other

  • Date Listed07/25/2025
  • Farm Land Area Units Square Feet
  • View Count7

Map Location

Driving Directions

Listed by Peter Castrichini of Barry Realty Group

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