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$ 3,500,000
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Active
78 Confidential Street Lawrence, MA 01843
4,472 SqFt
UPDATED:
08/09/2024 01:14 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,472 sqft
Price per Sqft $782
MLS Listing ID 73261867
HOA Y/N false
Year Built 1920
Annual Tax Amount $11,866
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Here is a marvelous opportunity to own a well-established and thriving auto rental business strategically located right in the business district of Lawrence with high visibility. Business is privately owned and not in a franchise. It has been in operation for over 21 years with a yearly cash income of over $700k and a monthly cash flow of $55k-$60k. Sale includes commercial real estate which is comprised of first floor offices and two residential units that yield an additional monthly income of $3k. There is a huge fenced-in parking lot with a big garage area for auto detailing. Business inventory includes 40 vehicles of assorted makes and models. This is an up and running, solid business with repeat customers. Take it over to continue the cash flow privately or be part of a franchise. Owner is retiring after many years in business. Full inventory list and books will be provided upon request as needed. Serious Buyers only. Please contact agent for more details and inquiries.
Location
State MA
County Essex
Zoning B1
Direction On request
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 110 Volts
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 30
Others
Senior Community false
Listed by Dick Lepine Real Estate,Inc.