346 MIDDLE TURNPIKE WEST
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Location
346 MIDDLE TURNPIKE WEST
Mblu
61/ 3960/ 346/ /
Acct#
396000346
Owner
MNP REALTY LLC
Total Assessment
$9,350,900
Appraisal
$13,358,000
PID
10947
Building Count
3
DISTRICT
T
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$5,748,700$7,609,300$13,358,000
Assessment
Valuation YearImprovementsLandTotal
2021$4,024,400$5,326,500$9,350,900

Owner of Record
OwnerMNP REALTY LLC
NNM REALTY TRUST
AddressPO BOX 502
ANDOVER, MA 01810
Sale Price$19,200,000
Certificate
Book & Page 4729/669
Sale Date12/13/2023
Instrument33

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MNP REALTY LLC$19,200,000 4729/6693312/13/2023
L & J MANCHESTER II LLC$0C3159/02483110/12/2005
L & J MANCHESTER LLC$0 1679/0316 03/24/1994

Building Information
Building 1 : Section 1
Year Built: 1960
Living Area: 220,255
Replacement Cost: $19,477,001
Replacement Cost
Less Depreciation:
$0
Building Attributes
FieldDescription
Style:Shop Center LO
ModelInd/Comm
GradeAverage
Stories:2
Occupancy20.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar + Gravel
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Tile/Vinyl Cmp
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCommercial 96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:200I
Heat/ACHeat/AC Packag
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSusp Ceil & Wl
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 98,118 98,118
FLLFinished Lower Level 96,952 96,952
AOFOffice, (Average) 25,185 25,185
CLPLoading Platform 1,040 0
FOPPorch, Open 7,025 0
URBBasement, Unfinished, Raised 2,015 0
   230,335 220,255
Building 2 : Section 1
Year Built: 1960
Living Area: 2,694
Replacement Cost: $470,463
Replacement Cost
Less Depreciation:
$127,000
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Branch Bank
ModelComm/Ind
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar + Gravel
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCommercial 94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:200
Heat/ACHeat/AC Packag
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSusp Ceil & Wl
Rooms/PrtnsAverage
Wall Height11.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,694 2,694
FCPCarport 338 0
FEPPorch, Enclosed 182 0
FOPPorch, Open 60 0
   3,274 2,694
Building 3 : Section 1
Year Built: 1956
Living Area: 127,528
Replacement Cost: $12,403,130
Replacement Cost
Less Depreciation:
$4,961,300
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Shop Center LO
ModelInd/Comm
GradeAverage
Stories:2
Occupancy20.00
Exterior Wall 1Pre-cast Concr
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar + Gravel
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Tile/Vinyl Cmp
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCommercial 96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:200I
Heat/ACHeat/AC Packag
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeiling & Wall
Rooms/PrtnsAverage
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 107,528 107,528
FLLFinished Lower Level 20,000 20,000
BSMBasement 74,374 0
FOPPorch, Open 11,162 0
ULPLoading Platform, Unfinished 789 0
   213,853 127,528

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
NDPNite Deposit1.00 UNITS$2,7002
ATM1Automatic Teller2.00 UNITS$10,8002
DUW1Drive Up Window2.00 UNITS$5,0002
SPR1Sprinklers-Wet109436.00 S.F.$01
BOXSafe Deposit548.00 UNITS$8,9002
ELV1Elevator Passenger2.00 UNITS$01
VLT1Vault130.00 S.F.$4,0002
DUW2Drive Up W-Wide1.00 UNITS$2,7002
SPR1Sprinklers-Wet127520.00 S.F.$76,5003
MEZ1Mezzanine-Unfin2800.00 S.F.$15,7003

Land
Land Use
Use Code200I
DescriptionCommercial 96  
ZoneFBZ
Neighborhood6500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)22.12
Frontage0
Depth0
Total Assessed Land$5,326,500
Appraised Value$7,609,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  449000.00 S.F.$336,8001
LT1Lights 1Fix  50.00 UNITS$11,5001
LT2Lights 2 Fix  3.00 UNITS$2,5002
PAV1Paving Asphalt  96000.00 S.F.$120,0003
LT1Lights 1Fix  54.00 UNITS$24,8003
LT10Lights 3 Fix  17.00 UNITS$15,0003
FN5Fence 10' Chain  1100.00 L.F.$20,4003
FN4Fence 8' Chain  208.00 L.F.$3,1003
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$10,679,000$7,609,300$18,288,300
2023$10,679,000$7,609,300$18,288,300
2022$5,442,200$7,609,300$13,051,500

Assessment
Valuation YearImprovementsLandTotal
2024$7,475,600$5,326,500$12,802,100
2023$7,475,600$5,326,500$12,802,100
2022$3,809,700$5,326,500$9,136,200

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