Leasing or Buying a Retail Space in Topsfield, MA

Topsfield is a town in the county of Essex in Massachusetts and is a part of the North Shore region of the mentioned state. It is on the center of the county and is comprised of seven percent water. It is named after a place in England in which both towns have their boundaries on the higher part of their respective counties.

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Retail Space

In the case of this town, it lies on Great Hill, which elevates for more than 245 feet. It has some bodies of water, including the 68-acre Hood’s Pond. This particular pond is considered the most massive body of water in this town even though it mostly lies in Ipswich. The city also includes parts of the Wildlife Sanctuary of the Ipswich River, as well as the Bradley Palmer State Park and the Willowdale State Forest.

This place is bordered by various communities, including Hamilton, Danvers, Boxford, and Middleton. It is just 10 miles north of the city of Salem and 22 miles from the northern area of Boston. The town is located 12 miles south of the Merrimack River and is eight miles from both the Atlantic Ocean and the Massachusetts Bay.

If you are searching for retail space in the state or in the county, one of the reasons why you may want consider this town is because of its location. It also provides easy transport to various places, thanks to the I-95 passing through the southwestern part of the area. It exits to Boxford and Danvers, so traveling by car to those two mentioned places is quite easy.

When it comes to the available options for retail units, the town does not have many options. However, it does not mean you should skip this area. Although you can find several other selections in the nearby cities, this place will convince you that you should start your venture here.

One of the reasons why you should take a look at the inventory of commercial locations here is that they are quite affordable. If you are just starting out, you surely want to be in a place that you do not have to worry about the price of the property, mainly if you are leasing.

On the other hand, if you plan to purchase, the affordable rates will definitely be beneficial for you, especially if you have a limited budget. The prices here can start at $675K for a medium size area, which can be from 3,200 to 3,400 square feet. Bear in mind that many factors affect the price of the property. To be sure that you are getting a great deal from the unit that you would like to buy, you should gather the available choices in the neighborhood and the nearby areas. This way, you can contrast and compare, and finally, determine if the property is reasonably priced.

For instance, a class C building that is situated in an area that does not have a lot of foot traffic can be quite affordable. In fact, you might find some units that are worth $200 k to $400k for a 3,000 square feet building. In comparison, you will also see a property that costs at least $600k for the same size. The difference is that this particular unit is in an area where many people can see it and your customers walk daily in the neighborhood.

You should also take a look at the available amenities that the property may provide. Some units are quite affordable because they lack facilities. Meanwhile, some buildings will cost you extra hundreds of dollars, but you will get more parking slots and bathroom facilities for the customers and the employees.

As with shopping for clothes and other things, you want to be sure of the property you buy or lease. It is not just about the cost but also the other qualities that come with it.

List Your Property Today

If you have a space in Topsfield, you should list it online. You can get several benefits for doing so, including the fact that you can precisely target your ideal tenants or buyers. When you advertise the property online, you can be sure that those who will search for available units in this town are those who are genuinely interested in occupying the rental or for-sale property.

When they search for the buildings in the area, you should ensure that they can find yours online. We can help you accomplish this task so contact us today to start listing.

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Retail Space