Description
15.14% CAP RATE! A++ LOCATION! ONCE IN A DECADE OPPORTUNITY TO OWN DRACUT TIRE BUSINESS, LAND & 2 BUILDINGS! ESTABLISHED 58-YEAR-OLD COMPANY. THREE CONTIGUOUS LOTS (38,200 SQFT in TOTAL AREA) consisting of an Automotive repair shop (Dracut Tire), 2 Family Building, and a vacant lot zoned commercial/developable land. MULTIPLE REVENUE STREAMS and potential to rent out the 2 Family Building. Dracut Tire provides: State inspections, Auto Repair, Tire Sales, and is licensed for a used car lot for up to 25 cars. 21E-- Environmental Phase 1 & 2 completed in February of 2022 by Williamson Environmental LLC. The 3 Contiguous lots are: 1265 Lakeview Avenue, 1269 Lakeview Avenue and 51 Cass Avenue in Dracut, MA 01826. Buyer to conduct own due diligence. Projected 2022 NOI is $315,000.00 which would be a projected cap rate of 15.79%.
Location
Similar Listings
$2,250,000
MLS# 72795345
Listing Agent: Maureen Glynn
Courtesy of: RE/MAX Realty Pros
$2,200,000
MLS# 72918582
Listing Agent: Ted Peris
Courtesy of: High Rise Real Estate
$2,200,000
MLS# 72996558
Listing Agent: Luke Walen
Courtesy of: Century 21 Limitless
$2,200,000
MLS# 72988755
Listing Agent: Frank Pasciuto
Courtesy of: Pasciuto and Associates
$2,200,000
MLS# 72981593
Listing Agent: O & C Homes Team
Courtesy of: William Raveis R.E. & Home Services
$2,150,000
MLS# 72936491
Listing Agent: Tom McFarland
Courtesy of: RE/MAX Realty Pros
$2,100,000
MLS# 72701185
Listing Agent: Thalia C. Tringo
Courtesy of: Thalia Tringo & Associates Real Estate, Inc.
$2,100,000
MLS# 72708457
Listing Agent: Cheryl Tully Stoll
Courtesy of: Metrowest Commercial RE LLC
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing Agent: Frank Celeste Agent phone: 617-872-3227 Courtesy of: Gibson Sotheby's International Realty Office phone: 617-242-4222 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, landlords 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its 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.
Privacy Policy Notice: All information collected voluntarily from you will be used to personalize your experience, improve our website and improve our customer service. This information will not be shared with any other third persons or entities. Updated: 10th August, 2022 3:54 AM (UTC)
