Skip To Content

49 Blanchard St

Lawrence, MA 01843
  • $6,200,000
  • STATUS: Active
  • MLS #: 73236226
UPDATED: 148 min ago
$6,200,000
  • 0
    BEDS
  • 1.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1880
County:

School Ratings & Info

Listing courtesy of Fermin Group of Century 21 North East.

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.

Monthly Payment Calculator



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 2024-07-21T16:05:31.267.
www.maloneypropertiesrealestate.com/homes/150421139
Print Image

49 Blanchard St Lawrence, MA 01843

  • Price: $6,200,000
  • Status: Active
  • On Site: Days
  • Updated: 148 min ago
  • MLS #: 73236226
0
Beds
0
Baths
0
½ Baths
1.28
Acres
1880
Built
County:
Essex
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.
Exterior Features

Parking Total 100 Waterfront YN No

Property Features

Association YN No Buyer Agency Compensation 2 Disclosures Buyers to verify all MLS data. Parking is approximate. Expenses are approximate. Gross Income 383128 Home Warranty YN No Net Operating Income 383128 Operating Expense 105861 Senior Community YN No Tax Annual Amount 69223 Tax Year 2024 Transaction Broker Compensation 2 Utilities Public WaterPrivate Sewer Zoning mdl-96

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Fermin Group of Century 21 North East: 978-208-0449.


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 2024-07-21T16:05:31.267.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73236226_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73236226_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73236226_2.jpg
Logo
Maloney Properties Real Estate Brokerage
27 Mica Lane 3rd Floor
Wellesley MA, 02481
Listing courtesy of Fermin Group of Century 21 North East.