$875,000
About this home
Unique investment opportunity offering strong cash flow with minimal management in a highly desirable and visible location. Claddagh Place is a well-established office park ideally situated along heavily traveled Route 38 in Tewksbury. This offering includes five separately deeded office condominiums, plus 5 garage bays, all being sold together as one package. Each unit offers approximately 700 square feet of space, with the second-floor units featuring attractive loft areas with exposed wood beams. All five units are currently leased with favorable terms and strong rents, generating $8,020 in total gross monthly rent. This is an ideal opportunity for an investor seeking a hands-off commercial investment with established income, or an owner-user looking to establish a business presence while using rental income from the other units to help offset occupancy costs. Several leases are scheduled to expire within the next year, providing potential flexibility for an owner-user to occupy one or more units in the future.The property offers ample parking and a diverse mix of complementary businesses, creating a well-established professional environment. Each unit also includes a deeded garage parking space at the rear of the building, which the current owner separately rents for additional income. Inquire with broker for financial statements/rent roll.
Property details
- MLS #
- 73587184
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 2
- On market date
- October 6, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 100 sqft
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 258
- Student:teacher ratio
- 12.9:1
- District
- Tewksbury
- Enrollment
- 505
- Student:teacher ratio
- 11.5:1
- District
- Tewksbury
- Enrollment
- 802
- Student:teacher ratio
- 12.2:1
- District
- Tewksbury
Walkability
Blended score for Tewksbury's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.