49 Blanchard Active

Lawrence,MA 01843

$ 5800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73325705

Year Built 1880

Annual Tax Amount $69,223

Tax Year 2024

Lot Size 1.280 Acres

Property Description

Cash cow. Versatile Industrial, warehouse, office space consisting of over 50k sq feet of rentable building space in a classified OPPORTUNITY ZONE! Multiple loading docs. Possible partial seller financing. Good candidate for condo/residential conversion. Room for rent increase, currently at a 7.2 percent cap rate. Walking distance to the commuter rail and public transportation.

Location

State MA

County Essex

Zoning mdl-96

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