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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0BEDS
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0.88ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
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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