1565 Lakeview Ave - Office FOR SALE


Dracut, MA 01826
$1,300,000 USD
978-251-1111
1565 Lakeview Ave, Dracut, MA for Sale
$1,300,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

1565 Lakeview Ave
Dracut, MA 01826


HIGHLIGHTS

  • Buyer can owner use 1,700+/- SF of 1st floor suite and 352+/- SF of garage space.
  • 17 private parking spaces and is located on a high visibility road with prominent signage potential across the street from the Dracut School Complex.
  • Ideal for an owner-user seeking significant first-floor presence while benefiting from supplemental rental income from existing tenants.

OVERVIEW

Commercial Property Available for Sale on High Visibility Lakeview Avenue in Dracut, MA. This well-located asset offers flexible owner-user and investment potential on a heavily traveled corridor with excellent signage opportunities. 1565 Lakeview Avenue in Dracut, MA consists of 0.77+/- acres with 2,700+/- SF of 1st floor space (2 suites), 1,056+/- SF of 2nd floor space (4 single offices), 352+/- garage space, and additional space in the basement for utilities & storage. Buyer can owner use 1,700+/- SF of 1st floor suite and 352+/- SF of garage space. The other 1st floor suite and 2nd floor offices are currently Leased on short term Leases. This property is ideal for an owner-user seeking significant first-floor presence while benefiting from supplemental rental income from existing tenants. Alternatively, investors can reposition or re-lease the building to maximize long-term value. Property has 17 private parking spaces and is located on a high visibility road with prominent signage potential across the street from the Dracut School Complex.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

B3

APN/PARCEL ID

DRAC-000045-000000-000004

ASK ABOUT THIS PROPERTY

Derek CotoniMoore Commercial Real EstateMore Info
978-251-1111

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Derek CotoniMoore Commercial Real EstateMore Info
978-251-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.