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78 Confidential Street

Lawrence, MA 01843
  • $3,500,000
  • STATUS: Active
  • MLS #: 73261867
UPDATED: 133 min ago
$3,500,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,472
    SQFT
  • $783
    $/SQFT
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Listing courtesy of Salihu Mohammed of Dick Lepine Real Estate,Inc..

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.

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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 2024-07-20T18:06:16.837.
www.maloneypropertiesrealestate.com/homes/152425956
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78 Confidential Street Lawrence, MA 01843

  • Price: $3,500,000
  • Status: Active
  • On Site: Days
  • Updated: 133 min ago
  • MLS #: 73261867
0
Beds
0
Baths
0
½ Baths
0.2
Acres
4,472
SQFT
$783
$/SQFT
1920
Built
County:
Essex
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.
Exterior Features

Parking Total 30 Roof Asphalt/Composition Shingles Waterfront YN No

Interior Features

Building Area Total 4472

Property Features

Association YN No Business Type Commercial Buyer Agency Compensation 2% Disclosures Property has audio and video recording equipment. Home Warranty YN No Senior Community YN No Tax Annual Amount 11866 Tax Year 2024 Transaction Broker Compensation 2% Utilities Public WaterPublic SewerNatural Gas Available110 Volts Zoning B1

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Salihu Mohammed of Dick Lepine Real Estate,Inc.: 978-441-2100.


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 2024-07-20T18:06:16.837.
 
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Maloney Properties Real Estate Brokerage
27 Mica Lane 3rd Floor
Wellesley MA, 02481
Listing courtesy of Salihu Mohammed of Dick Lepine Real Estate,Inc..