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51 Cass Avenue

Dracut, MA 01826
  • $2,500,000
  • STATUS: Active
  • MLS #: 72969149
UPDATED: 18 min ago
$2,500,000
  • 0
    BEDS
  • 0.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,298
    SQFT
  • $397
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1962
County:
Area:

School Ratings & Info

Listing courtesy of Frank Celeste of Gibson Sotheby's International Realty.

Description

12% CAP RATE! A++ LOCATION! ONCE IN A DECADE OPPORTUNITY TO OWN DRACUT TIRE BUSINESS, LAND & 2 BUILDINGS! ESTABLISHED 58-YEAR-OLD COMPANY. THREE CONTIGUOUS LOTS (38,200 SQFT in TOTAL AREA) consisting of an Automotive repair shop (Dracut Tire), 2 Family Building, and a vacant lot zoned commercial/developable land currently used for parking. MULTIPLE REVENUE STREAMS and potential to rent out the 2 Family Building. Dracut Tire provides: State inspections, Auto Repair, Tire Sales, and is licensed for a used car lot for up to 25 cars. 21E-- Environmental Phase 1 & 2 completed in January of 2022. The 3 Contiguous lots are: 1265 Lakeview Avenue, 1269 Lakeview Avenue and 51 Cass Avenue in Dracut, MA 01826.

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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. Data last updated 2022-05-19T07:14:21.043.
www.welchmanrealestate.com/homes/127880248
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51 Cass Avenue Dracut, MA 01826

  • Price: $2,500,000
  • Status: Active
  • On Site: Days
  • Updated: 18 min ago
  • MLS #: 72969149
0
Beds
0
Baths
0
½ Baths
0.88
Acres
6,298
SQFT
$397
$/SQFT
1962
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Property Description
12% CAP RATE! A++ LOCATION! ONCE IN A DECADE OPPORTUNITY TO OWN DRACUT TIRE BUSINESS, LAND & 2 BUILDINGS! ESTABLISHED 58-YEAR-OLD COMPANY. THREE CONTIGUOUS LOTS (38,200 SQFT in TOTAL AREA) consisting of an Automotive repair shop (Dracut Tire), 2 Family Building, and a vacant lot zoned commercial/developable land currently used for parking. MULTIPLE REVENUE STREAMS and potential to rent out the 2 Family Building. Dracut Tire provides: State inspections, Auto Repair, Tire Sales, and is licensed for a used car lot for up to 25 cars. 21E-- Environmental Phase 1 & 2 completed in January of 2022. The 3 Contiguous lots are: 1265 Lakeview Avenue, 1269 Lakeview Avenue and 51 Cass Avenue in Dracut, MA 01826.
Exterior Features

Driving Doors 8 Parking Spaces 20 Stories 2

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Restrooms 3 Rsf Building Sq Ft 760.00 Total Building Sq Ft 6298.00 Waf Building Sq Ft 4778.00

Property Features

Assessed Value Building 392700.00 Assessed Value Land 456500.00 Assessed Value Total 849200.00 Commercial Industrial Type Mixed Use Disclosure No Disclosures Nda Required For Any Further information (Income VerificationEnvironmental Phase 1&2) About This Opportunity. All Three Parcels Equal 38200 Square Feet. Taxes And Assessed Values Are For All 3 Lots And The Year 2021. Exchange No Lease No Lender Owned No Lot 2 Mau Units 0 Ofu Units 1 On File21 E Yes Reu Units 0 Rsu Units 2 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2021 Taxes 11530.00 Total Units 4 Wau Units 1 Year Built Source Ow Zone Description Legal Conforming Zoning Commercial

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Frank Celeste of Gibson Sotheby's International Realty.


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. Data last updated 2022-05-19T07:14:21.043.
 
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Welchman Real Estate Group | Keller Williams Realty of Newport
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Listing courtesy of Frank Celeste of Gibson Sotheby's International Realty.