$4,850,000
$5,800,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
49 Blanchard Lawrence, MA 01843
1.28 Acres Lot
Key Details
Sold Price $4,850,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73358022
Sold Date 03/25/26
HOA Y/N false
Year Built 1880
Annual Tax Amount $69,223
Tax Year 2024
Lot Size 1.280 Acres
Acres 1.28
Property Description
Cash cow. Versatile Industrial, warehouse, office space consisting of over 50k sq feet of rentable building space in a classified OPPORTUNITY ZONE! Multiple loading docs. Possible partial seller financing. Good candidate for condo/residential conversion. Room for rent increase, currently at a 7.2 percent cap rate. Walking distance to the commuter rail and public transportation.
Location
State MA
County Essex
Zoning mdl-96
Direction Salem St to Blanchard St.
Others
Senior Community false
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Fermin Group • Century 21 North East
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION