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1015 Lakeview Ave 1,254 SF Retail Building Dracut, MA 01826 $799,900 ($637.88/SF)
Investment Highlights
- At the gateway to Dracut from Lowell. Exposure is the best possible.
- Frontage on all 3 streets is made up of one long curb cut.
Executive Summary
Auto Repair Garage with unparalleled visibility. This property is its own billboard: positioned at the fork in a major route into Dracut from Lowell; and right on the Lowell/Dracut line. This location is incomparable and your business could be booming here. An operator can carry on the successful garage business with its large double bay and two car lifts. There are two offices with two restrooms and parking for 21 cars. The exceptionally long frontage (basically all of which is a curb cut) affords remarkably easy access. A developer can capitalize on this 1/4 acre site's visibility under any number of scenarios. In all cases, this location can be one of your top performing assets and is now available for your consideration.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,254 SF
Building Class
C
Year Built
1960
Price
$799,900
Price Per SF
$637.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Zoning
B3 - Business Zoning
Parking
21 Spaces (16.75 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Fenced Lot
- Signage
- Wheelchair Accessible
- Storage Space
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | DRAC-000062-000000-000130 | Improvements Assessment | $65,200 |
| Land Assessment | $339,800 | Total Assessment | $405,000 |
Property Taxes
Parcel Number
DRAC-000062-000000-000130
Land Assessment
$339,800
Improvements Assessment
$65,200
Total Assessment
$405,000
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Presented by
Maxfield & Company Real Estate
1015 Lakeview Ave
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