Ideal Real Estate Services

563 Center Street, Ludlow, MA 01056

Ludlow Center


Sale Price

Type of Comm.
Lot Size
Outstanding opportunity to own a Ludlow landmark. This beautiful office building is located at the heart of Ludlow's crossroads - Center and Chapin across from Fire Station. High traffic - High visibility with a control signal at corner. 2 story building with off street parking. Next door to major bank. 1/2 mile to Ludlow Mass Pike Exit 7. The owners recently updated the exterior porches, landscaping, and a new roof. Interior has fresh paint and more. Half of the first floor will vacate on 8-1 so you can move right in or collect additional rents !! Nothing like this in town so call today.
Lot Size: 15,507.00
Acres: 0.36
Sale Price: $357,000
Settled Date: 1/26/2018 12:00:00 AM
Area/Village: Ludlow Center
List Price: $399,000
Type: Commercial
Type of Comm.: Commercial
Status: Sold
Restrooms: 3
Stories: 2
Buildings: 1
Total Units: 5
Units: 5
Total Sq. Ft.: 2,976
Year Built: 1860
Approx. GLA: 2,976
Sub Dividable: N
MLS#: 72043563
Elevator: No
Acres: 0.36
Space Dividable: No
Easements: Unknown
Handicap Access: No
Lot Size: 15,507.00
Parking Spaces: 12
Parking Features: Open, 11-20 Spaces, Improved Driveway, Paved Driveway
Construction: Frame
Railroad Siding: No
Roof Material: Shingle
Site Condition: Level, Open, Improved
Sprinklers: No
Underground Tank: No
Location: Downtown, Urban
Utilities: Public Water, Public Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $90,700
Condo Assoc.: No
Assessed Land Value: $172,200
Exchange: No
Gross Annual Income: $40,000
Taxes: $4,767
Tax Year: 2016
Lien and Encumbent: Unknown
Book/Page: 18395/199
Sublet: No
Plat Plan: No
Special Financing: No
Total Assesed Value: $262,900
Zone Description: Other (See Remarks)
Office Sq. Ft.: 2,976
Office Units: 5
Disclosure Declaration: No
Disclosure: Appraisal states 3140 sq ft..vs. 2976sq. ft. on public record. Estimated annual income based on 100% occupancy. Currently 80%.
For Lease: No
Space Available: For Sale
The listing office is Ideal Real Estate Services, Inc. and the listing agent is Suzie Ice Team. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/12/2018 10:05:00 PM.
Suzie Ice
Suzie Ice
REALTOR®, Associate Partner
Ideal Real Estate Services