Commercial for Sale: 78 Confidential Street, Lawrence, MA 01843

4,472 sqft
$3,500,000
$3,500,000
78 Confidential Street, Lawrence, MA 01843
4,472 sqft
$3,500,000
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Price:
$3,500,000

Type Commercial
Square Feet 4,472 sqft
Lot Size 0.20 acres
Year Built 1920

City Lawrence
County Essex

MLS 73261867
Status Active
DOM 132 days
Here is a marvelous opportunity to own a well-established and thriving auto rental business strategically located right in the business district of Lawrence with high visibility. Business is privately owned and not in a franchise. It has been in operation for over 21 years with a yearly cash income of over $700k and a monthly cash flow of $55k-$60k. Sale includes commercial real estate which is comprised of first floor offices and two residential units that yield an additional monthly income of $3k. There is a huge fenced-in parking lot with a big garage area for auto detailing. Business inventory includes 40 vehicles of assorted makes and models. This is an up and running, solid business with repeat customers. Take it over to continue the cash flow privately or be part of a franchise. Owner is retiring after many years in business. Full inventory list and books will be provided upon request as needed. Serious Buyers only. Please contact agent for more details and inquiries.

Lot & Building Features

Tax Year 2024
Taxes Paid $11,866
Roof Asphalt/Composition Shingles

Price History of 78 Confidential Street, Lawrence, MA

Date Name Price Difference
07/09/2024 Listing Price $3,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 78 Confidential Street, Lawrence, MA

Location Map Street View
Photo of Kathy Sutherland, Associate Broker, CREN, REALTOR
Direct: 603-345-8875
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Dick Lepine Real Estate,Inc., Salihu Mohammed
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6.75%
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78 Confidential Street (MLS #73261867) is a commercial listing located in Lawrence, MA. This commercial listing is 4,472 sqft and on a lot of 8,724 sqft (or 0.20 acres) and is 104 years old. This property was listed on 07/09/2024 and has been priced for sale at $3,500,000.

Nearby zip codes are 01810, 01840, 01841, 01842 and 01845. This property neighbors other cities such as Andover, Methuen, North Andover and Salem.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Dick Lepine Real Estate,Inc.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.