29 Bennett St - Warehouse FOR SALE


Lynn, MA 01905- North Suburbs-Essex
$2,600,000 USD
617-633-6719
29 Bennett St, Lynn, MA for Sale
$2,600,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate


OVERVIEW

Long standing furniture warehouse and store containing 29,600 s.f. of floor area plus a newly built storage basement. The site which is zoned IL, contains 38,501 s.f. of flat usable land. Currently, the owner leases outside storage space to four tenants totaling $6,200/month. The space is heated by gas Modine heaters. The building is fully sprinklered. This is a great opportunity to own a large amount of building square footage at a reasonable cost. The site also lends itself to redevelopment given that it is in an Opportunity Zone. Manufacturing, Light Industrial Use and Truck Parking are allowed by right. There is an electric lift to move inventory to the second level.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,473

ZONING

A

APN/PARCEL ID

MANC-000028-000000-000027

ASK ABOUT THIS PROPERTY

David HarkDrumlin Group IncMore Info
617-633-6719

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David HarkDrumlin Group IncMore Info
617-633-6719

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