The Mega Group - Commercial Real Estate - Active Sale Listings

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Exclusive Public Sale Opportunities

The Mega Group is pleased to make available these public sale opportunities. Please feel free to Contact Us for more information.

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1.5 +/- ACRES DEVELOPABLE LAND on HIGHWAY CORRIDOR

Junction of Routes 1/114

195 Andover Street, Danvers MA

The Mega Group has available for immediate acquisition commercially zoned land at the junction of Route 1 northbound & Route 114 westbound in Danvers Massachusetts. The subject property is known as 195 Andover Street and is 1.5 +/- acres in size within the Highway Corridor (HCZ) zoning district. The land area is an undeveloped, gently sloped wooded site with a non-perennial stream at its base. Area retailers include Costco, Home Depot, Walmart, and Lowes, as well as many automobile dealerships, hotels and restaurants. Additional income derived from an advertising billboard on-site at the corner of Routes 1 & 114.

SALE or LEASE

Single-Tenant Retail Building

18 Water Street, Danvers MA

The Mega Group has available for SALE or LEASE this 5,208 +/- square foot single-tenant commercial building with off-street parking for four vehicles in the Danversport section of town. The subject property is 3,565 +/- rentable square feet on the street level with a 1,643 square foot heated loft space above, built in 1981, the open-concept front retail portion features 10' suspended ceilings and 7' suspended ceilings rear portion with two private offices and two (2) restrooms. The loft is wide-open space accessible from both the interior and exterior. The building features a sun-filled entryway is 5' glass folding double doors between four 7' glass panels, side delivery door and has had two-way signage in the past.

MIXED-USE INVESTMENT / OWNER OCCUPIED OPPORTUNITY

7 Bridge Street, Danvers MA (Route 62)

7 Bridge Street Danvers is situated just off Route 62 at the Ryal Side split and is a mixed-use property containing two (2) buildings with sixteen (16) off-street parking spaces. #7 Bridge is a three-story multi-family property containing four (4) apartments and #7.5 Bridge is a 3,442 +/- square foot commercial building which was the property owners place of business for over 20 years. This is a quintessential value-add investment opportunity or owner occupant situation with additional rental income in place. The property is zoned R2 (Residential) with a Finding to allow commercial uses in the 7.5 Bridge building that the town hall may approve. All five units have separate electric and natural gas, where applicable, and hot water is included in with all four apartments rent.

COMMERCIAL BUILDING w MIXED-USE RE-DEVELOPMENT UPSIDE

92.5 High Street, Danvers MA (Route 35/128)

The Mega Group has available this nicely located circa 1840 commercial building in downtown Danvers with off-street parking for six (6) vehicles, about 1,533 +/- square feet in rentable square feet situated on 4,369 +/- square feet of land. The building itself is fully-tenanted and in fantastic condition, two stories and expandable, featuring three (3) private offices on the second floor and two (2) private offices and common bathroom on the main level. The basement is exceptionally clean and consists of dry storage, forced air heating system, hot water heater and electric panel. This property has a myriad of potential uses from existing, as both owner-occupied or investment, to converting the property as a whole into apartments or live-work. Current location of Walsh Chiropractic who are relocating but remaining in Danvers.

COMMERCIAL BUILDING w MIXED-USE RE-DEVELOPMENT UPSIDE

25 Cabot Street, Beverly MA (Route 1A)

The Mega Group is pleased to make available for immediate acquisition this commercial / retail building with re-development potential into a mixed-use residential apartments or condominiums with water views and street-level commercial space. Location is near downtown Beverly overlooking Beverly Harbor and within walking distance to parks, shops, and restaurants. Utilities consist of one electric meter, one natural gas meter and feature a rooftop central HVAC system and hard-wired life safety devices. The subject property contains 0.128 acres of land or 5,593 +/- square feet mainly classified as Small Retail with a commercial building 1,613 +/- square feet in footprint and built about 1964, having Concrete Block exterior and Membrane roof cover and is zoned CC/CC2 (Central Business / Central Business Cabot) which lends itself to the likelihood of a mixed-use development opportunity. Parking for nine (9) in paved parking lot with a large curb cut.

COMMERCIAL / INDUSTRIAL 10,000+ SF FACILITY

9 & 15 Water Street, Danvers MA

The Mega Group is pleased to make available this 10,000+ square foot Industrial facility situated on 1.15 +/- acres of land located on Route 35, just off Route 128 Danvers Massachusetts. The subject property is two (2) contiguous lots largely zoned Commercial 1 with development potential.

MIXED-USE BUILDING w RE-DEVELOPMENT UPSIDE

109 Dodge Street, Beverly MA (Route 1A)

The Mega Group has available for immediate acquisition this mixed-use property with an additional abutting potentially developable lot. The Subject Property is one commercial and residential mixed-use wood frame building situated on 11,020 +/- square feet of land having a frame exterior being built around 1688. 109 Dodge Street is accessible by Route 128 via Route 1A in about a two-minute drive time. A second parcel known as 5 Tozer Road is one residentially zoned parcel of land currently taxed and assessed as a parking lot having a land area of 13,540 square feet.

ALL-ALCOHOLIC BEVERAGES LICENSE

Granted by City of Beverly Licensing Board — Transferrable

Subject to full compliance with the rules and regulations of the City of Beverly Licensing Board now in force or hereafter adopted and any and all rules promulgated by the Alcoholic Beverages Commission of the Commonwealth of Massachusetts (ABCC).

OFFICE BUILDING w MIXED-USE RE-DEVELOPMENT UPSIDE

371 Cabot Street, Beverly MA

The Mega Group is pleased to make available for immediate acquisition 371 Cabot Street in Beverly Massachusetts. The subject property is a commercial office building with re-development potential into a mixed-use part residential apartments and street-level retail space. The subject property is near downtown Beverly located at the foot of Prospect Hill and within walking distance to parks, shops, restaurants and The Cabot Theater. Utilities consist of four electric meters, one natural gas meter and feature two central HVAC systems and one forced hot water boiler. The location offers quick access to Montserrat rail and Route 128. The total estimated gross building area is 3,709 SF +/- which is currently all commercial use, the property is situated on a corner lot being 7,974 SF +/- and is zoned Neighborhood Commercial (CN) which lends itself to the likelihood of a mixed-use development opportunity. Parking for eight (8) is in the rear and features a large curb cut and two-car garage

FOR SALE

Established Car Wash, Auto Body & Detail Facility
North Shore, MA

The Mega Group has available for immediate acquisition this well-established car wash / auto body and detail shop located on the North Shore of Massachusetts. The sale includes the real estate which is about 10,752 +/- square feet of Industrial Commercial space with eight (8) roll-up doors and bays currently generating about 1.1 million in annual sales.

RE-DEVELOPMENT OPPORTUNITY

81-83 Elm Street, Danvers MA

The Mega Group is pleased to make available this re-development opportunity in downtown Danvers MA with the rights to build a two-stories above existing retail. There is an existing parking lot known as 5 Essex Street that is on-site consisting of 30+ vehicles. The Subject Property is a 6,302 +/- square foot single-level retail building with some basement area having been built around 1950 and situated on 24,704 +/- total square feet of land.

50-UNIT BRICK APARTMENT BUILDING

333 Broadway, Somerville MA

333 Broadway is a 50-unit residential apartment building on four stories situated on a corner parcel with off-street parking. Location is directly on the bus route and easy access to the orange line train. Six (6) 2BR, Twenty-Seven (27) 1BR and Seventeen (17) studio apartments. One (1) nat'l gas steam heating with hot water system is great condition. Heat & Hot Water and nat'l gas stoves included in rent, electric separate. Rooftop cellular antenna in long-term lease. There is little to no debt on this property so rents are far below market value.

This is a quintessential value-add opportunity, the likely buyer is a 1031 tax deferred exchange with an extremely low loan-to-value, REIT or fund type acquisition, or a very seasoned investor with experience putting together a purchase contract with no contingencies.

FOR SALE

Luxe Plaza

207 Squire Road, Revere MA (Route 60)

The Mega Group is pleased to make available for immediate acquisition the Luxe Freedom Plaza on busy Route 60 in Revere. The subject property is a two-story retail center with off-street parking, nine (9) units with a brand new separately metered electrical system being installed in July. Fire Alarm System and heating system are about 5-years old. Tenants pay base rents plus their pro rata share of property taxes, snow removal and additional parking.

207 Squire Road in Revere is right next to Northgate Shopping Center, convenient for your additional parking needs and ease of access to the property from both traffic directions. Route 1 N/S is within 2 miles, Rotary to Logan Airport or Route 107 is less than a mile away.

12-UNIT BRICK APARTMENT BUILDING

45 Pickering Street, Danvers MA

Brian DApice of The Mega Group has available this 12-unit brick apartment building right outside Danvers Square, between St. Mary's School and the YMCA. The Subject Property appears to be eleven (11) 2BR units and one (1) 1BR unit with heat and HW included and the tenants paying their own electric. According to the CLPPP, there is no lead paint testing history. One (1) natural gas meter and thirteen (13) electric meters. Current rent roll reveals two vacant units.

Buyer to execute a no-contingency non-refundable Purchase & Sale Agreement before physical access inside the property is granted or any historical property data is revealed.

BANK or QSR - DEVELOPABLE SITE

Route 114 - Peabody / Danvers

1 Mt. Pleasant Drive, Peabody MA

The Mega Group has available for re-development 1 Mount Pleasant Drive in Peabody, a corner lot with frontage on Route 114. The Subject Property is about .32 Acres in size, or 13,991 +/- square feet. There is currently two (2) large curb cuts in place and a lit sign marquee facing both directions of the highway corridor. Likely use by right is a Bank and / or Financial Institution or QSR by permit. Existing two-unit structure includes a mortgage company and hair salon. Parking for 20+ vehicles on-site.

INVESTMENT / OWNER OCCUPIED OPPORTUNITY

w MIXED-USE DEVELOPMENT UPSIDE

13-15 Elm Street, Danvers MA

The Mega Group is pleased to make available this inline retail investment opportunity in downtown Danvers MA, featuring two (2) retail units with a re-development upside. Each tenant has their own electric and natural gas meters. The Subject Property is a 4,644 +/- square foot single-level retail building with a full basement for dry storage having been built around 1910, parking behind, and situated on 5,333 +/- square feet of land.

13-15 Elm Street is within the newly zoned Danvers Town Center – Core District (DTC-C).

22-UNIT MIXED-USE INVESTMENT OPPORTUNITY

Harbor View Apartments

31 Western Avenue, Gloucester MA

The Mega Group has available for immediate acquisition this 22-Unit Oceanfront Investment / Redevelopment Opportunity. The subject property is one 18,912 +/- square foot mixed-use brick construction corner building with 20+ parking spaces with drive-in parking garage and one single-tenant restaurant building with additional off-street parking situated on 30,971 +/- square feet of land. Location is prime waterfront in an emerging transit-oriented market. The likely suitor is a hotel / condominium developer or a real estate investor with experience acquiring "value-add" opportunities.

SALE or LEASE

Chestnut Green Professional Building

7 Federal Street, Unit 15, Danvers MA

The Mega Group has available for sale or lease is a first floor office condominium, 447 +/- square feet in size featuring open bullpen / call center and conference room. Great condition, current use is commercial real estate firm. Likely uses is doctors or therapist office, law firm, insurance agent, financial services, any professional use, etc.

The Chestnut Green Professional Building is conveniently located within 1/4 mile from Routes 128 and 114, right next to the Liberty Tree Mall. The property is a professionally managed, nicely maintained handicap accessible office building with elevator and ample parking on site.

FOR SALE

Ross Block Building

41 Main Street, Kennebunk ME

The Mega Group has available for investment one street level retail / professional condominium situated in the heart of the downtown Kennebunk Village. The Premises is 2,363 +/- rentable square feet in size, located in the Ross Block Building, having a brick exterior being built around 1920. Current layout is a breakfast / coffee shop, featuring two handicap accessible bathrooms, a 38-seat customer seating area and an open-concept service area. Behind the service area is a kitchen featuring full production & prep areas, walk-in cooler, walk-in freezer, closet space, dry storage and a private office. Separate delivery entrance, updated life-safety features and wet sprinkler system. Utilities at the property are two (2) commercial 1-Phase 250amp Electric Services, Heat is oil fired. There is also Propane Gas at the property. Parking lot next to the building.

FOR SALE

Established Restaurant w Full Liquor License

North Shore, MA

The Mega Group is pleased to offer for sale this Restaurant Establishment with Transferrable Full-Liquor License. The premises is 2,046 +/- square feet and handicap accessible. The dining room/bar area has lots of natural lighting and features a 100-year old Freedom Maine wood interior and red oak natural wood flooring.

FOR SALE or LEASE

Cable Professional Building

130 County Road, Unit B, Ipswich MA (Route 1A)

The Mega Group has available for sale or lease this 789 +/- square feet professional office suite in the Cable Professional Building. Unit B is a 6-room office suite featuring four (4) private rooms, large reception area and open bullpen. There are also two (2) small private in-unit bathrooms and two (2) fully handicap accessible bathrooms in the common area. The Premises is ideal for professional use, including doctors, dentists, opticians, nurses, lawyers, accountant and more. There is an abundant amount of on-site parking spaces on campus.

The Cable Professional Building in Ipswich is at the junction of Route 133 & 1A across from the Hellenic Center.

FOR SALE

Established Collision Center with Real Estate

North Shore, MA

The Mega Group has available for immediate acquisition this well-established auto body and collision center located on the North Shore of Massachusetts. The sale includes the real estate which is over 10,000 +/- square feet of Industrial Zoned space with a multiple of roll-up doors and bays which generates about 1.2 million in annual sales.

MULTI-FAMILY INVESTMENT OPPORTUNITY
George Peabody Cooperative Building

3 Main Street, Peabody MA

The Mega Group has available for immediate acquisition this mixed-use brick apartment building having been recently completely gut renovated to include state of the art energy efficiency and life safety compliance. The offering is eleven (11) total units, one (1) of which are commercial and ten (10) of which are residential apartments. The asset is in absolute pristine condition and the opportunity is more of a 1031 exchange into situation or a long-term hold.

RETAIL CENTER with RE-DEVELOPMENT RIGHTS
54 Foster Street, Peabody MA

The Mega Group is pleased to make available this neighborhood retail strip center in downtown Peabody MA, featuring two tenants and more than 20 parking spaces with a re-development upside.

54 Foster Street is located within the BC (Central Business) zoning district which provides the upside opportunity to convert the existing opportunity into a mixed-use development by maintaining existing street-level retail and the opportunity to permit apartments above, which cannot be done in any other district in Peabody. There is a parking requirement per residential unit requirement to be aware of and zero per retail square foot. Having 21+ existing parking spaces on site, with an average of 1.5 parking space per unit requirement, it has been determined between twelve (12) and fourteen (14) residential units may be permitted by right, above the existing street retail units.

FORMER BANK with DRIVE-THRU

Route 133

116 Central Street, Ipswich MA

The Mega Group is pleased to make available this former Santander Bank location with drive-thru. The footprint is 1,994 +/- SF including the carport, situated on 8,189 +/- SF of land, featuring about 20 parking spaces. This attractive brick building was constructed in 1969 and has historically been a bank branch location. Other potential uses include: retail service, quick service restaurants, medical, etc.

6 +/- ACRES OF DEVELOPABLE INDUSTRIAL LAND

60 Pulaski Street, Peabody MA

60 Pulaski Street in Peabody Massachusetts is a 6.7 +/- acre parcel of land that is an extraordinary development opportunity for an Industrial type building, indoor/outdoor sports facility, or anything the city may allow subject to approvals.

The Property is zoned IL (Light Industrial) which was adopted to provide for areas that allow manufacture, assembly, processing or handling of materials which because of their traffic, noise, appearance, odor, or hazards would be disruptive to residential and other business uses. Residential uses or uses which would otherwise interfere are not allowed.

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