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For Sale

58 Main Street

58 Main Street, Topsfield, MA 01983

$1,095,000
Exceptional opportunity to own two attached condominiums, comprised of 17 total office spaces. This commercial investment in the heart of downtown Topsfield is set on high-visibility Main Street in one of the North Shore's most affluent, low-vacancy communities. This approximately 5,419 square foot office property offers stable in-place income with substantial room to grow. The property is approximately 85% occupied by a diversified, professional tenant base, including psychology, legal, technology, wellness, and personal-service businesses, many of them long-term. All tenancies are at-will, giving a new owner rare flexibility to reposition the rent roll and move rents to market on a short timeline. Herein lies the upside: rents have not been increased in years and sit well below market, and threeunits are available now, one of which can be reconfigured into three separate offices to maximize income. With light management and a proactive leasing strategy, an investor can meaningfully lift NOI. Detailed rent roll and stabilized pro forma available upon request. Ideal for a value-add investor, owner-user seeking to occupy while collecting income, or a 1031 exchange buyer looking for a well-located North Shore asset with a clear path to appreciation. Strong pedestrian access, established foot traffic, and durable demand for small professional suites round out a compelling offering. Don't miss this opportunity to acquire a landmark Main Street property with immediate income and long-term growth

5,419 Sq.Ft. LIVING AREA

0.34 Acres lot

Tristan Horan

Tristan Horan

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area5,419 Sq.Ft.
  • Total Area5,419 Sq.Ft.
  • Lot Area0.34 Acres
  • MLS® ID73579479
  • TypeCommercial
  • YEAR BUILT1900

Exterior

  • utilitiesPublic Water, Private Sewer
  • roofShingle

Financial

  • Sales Price$1,095,000
  • Real Estate Tax $14,324/yr
  • Zoning BV
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 58 Main Street, Topsfield, MA 01983. We are reviewing your request and will be in touch shortly!

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Our ultimate goal is to help you achieve your real estate dreams. We're passionate about what we do and strive to exceed your expectations. When you choose The Barnes Team, you're choosing a partner who is committed to your success.

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