396 Main Street

Description

Beacon Main Street commercial building offering over 4,800 SF of flexible space which includes a commercial portion on the first level, full basement, & two residential units on the second level. The possibilities are endless for the commercial space which is currently being used as a gallery showroom & features over 1,600 SF on the first floor w/ a rental income of $3,600 per month. Features include 12'+ ceilings, original moldings & tin ceiling tiles, new laminate flooring, & exposed original brick walls & a 1,600 SF lower level which offers storage space. There is also an entrance in the back of the building which features a laundry area for all the tenants & a utility area. Previous uses for the commercial space were a hardware store & restaurant for many years. The 2nd level features the residential apartments. The front apartment is approx. 700 SF, the lease was just renewed until 5/2023 with a monthly rental income of $1,550 and the back apt is approx. 900 SF with a lease until 5/2023 and a monthly rental income of $1,750. Both units feature one full bath, HDWD's throughout, & separate furnaces. Improvements include a new rubber roof, new HVAC system, new sump pump, some new electrical, and new hot water heater.