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11-15 Lexington Ave
Gloucester, MA 01930
15 Lexington Ave · Retail Property For Sale
PROPERTY FACTS
ABOUT 11-15 LEXINGTON AVE , GLOUCESTER, MA 01930
Terrific Opportunity to become part of the Renaissance of Magnolia Village located on the Manchester by-the-Sea town line. In the southwestern part of the City of Gloucester. This seven unit 6,445sf neighborhood retail/commercial building is a prime ownership/development opportunity. Potential to renew Special Permit allowing two residential units to be built above. Ask about the facade sketch, floor plan + thumbnail pro-forma ... Refer to attachments for complete NOI, rents, unit square footage, lease term details, and unit summaries This fully occupied building has active regional businesses so there could be some limited access for first showings. Showings are best in early mornings or evenings.
PROPERTY TAXES
| Parcel Number | GLOU-000168-000051 | Improvements Assessment | $436,800 |
| Land Assessment | $385,200 | Total Assessment | $822,000 |
PROPERTY TAXES
