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1985 Lakeview Ave
Dracut, MA 01826
Retail Property For Sale
Executive Summary
This former Santander Bank branch is for sale or lease and will be available in April 2026 -a Freestanding ±3,366 SF retail/office building with large parking lot, located on ±0.87 acres with 22 on-site parking spaces and excellent visibility on Lakeview Avenue (25,000± VPD). The property is surrounded by national retailers, including CVS, Dunkin’, and Enterprise. Zoned B3 – General Business. Ideal passive investment with minimal landlord responsibilities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,366 SF
Year Built
1970
Price
$2,150,000
Price Per SF
$638.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.87 AC
Zoning
B3
Parking
22 Spaces (6.54 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | DRAC-000025-000000-000180 | Improvements Assessment | $452,800 |
| Land Assessment | $396,600 | Total Assessment | $849,400 |
Property Taxes
Parcel Number
DRAC-000025-000000-000180
Land Assessment
$396,600
Improvements Assessment
$452,800
Total Assessment
$849,400
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