223 Winthrop Ave - Manufacturing FOR SALE


Lawrence, MA 01843
$1,300,000 USD
978-375-7363
223 Winthrop Ave, Lawrence, MA for Sale
$1,300,000 USD
Manufacturing - FOR SALE
1/20
null | Request Cap Rate

223 Winthrop Ave
Lawrence, MA 01843


HIGHLIGHTS

  • Flexible owner-user or investment opportunity.
  • Highly visible industrial building
  • Strategically located immediately off Interstate 495 at Exit 100A
  • Existing pylon signage and exceptional highway visibility
  • Flexible showroom, office, warehouse, and outdoor storage configuration

OVERVIEW

A rare opportunity to acquire a highly visible industrial/flex retail property at 223 Winthrop Avenue, Lawrence, Massachusetts. Strategically located immediately off Interstate 495, the property offers exceptional highway visibility, existing pylon signage, and direct access to Route 114. Situated on a 0.43-acre site, the approximately 12,266-square-foot building features a versatile combination of showroom/retail, office, warehouse, and storage space, making it well suited for owner-users, contractors, distributors, service businesses, and investors. The property offers the opportunity for immediate occupancy while also generating in-place rental income. Existing lease agreements provide a new owner with the flexibility to continue leasing to three current tenants or, subject to the terms of the respective leases, terminate certain tenancies to accommodate an owner's occupancy requirements.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.43

LAND SF

18,578

ZONING

B1

APN/PARCEL ID

LAWR-000019-000000-000002

ASK ABOUT THIS PROPERTY

Gary SidellBell Tower Commercial Real Estate GroupMore Info
978-375-7363

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Gary SidellBell Tower Commercial Real Estate GroupMore Info
978-375-7363

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