50 Winthrop Avenue, South LawrenceLawrence, MA 01843MLS Number 72275207

  • Price: $799,900
  • 120 Days on Market
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Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.14Acreage
  • 1940Year Built
  • 3004Square Feet

Driving Directions

Located on the heavily traveled and sought after Route 114 Corridor. Solid construction and offering 3 drive in bays (which could easily be converted into storefronts). Three years young rubber roof. 3 phase electrical service. Current triple net tenant in place (Meineke). Building affords itself to an unlimited amount of configurations and uses. Rare front and rear parking availability. With minimal reconstruction there is a value added benefit by outfitting asset to allow for a drive thru option.

Listed by George Silva of EMPIRE

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More Info

Basic Information

  • List Price$799,900
  • StatusACT
  • Year Built SourcePublic Record
  • Year Built1940
  • Lease TypeTriple Net Lease (NNN)
  • Lease Price IncludesBuilding
  • LeaseYes
  • Date Listed01/28/2018
  • DirectionRoute 495 To Winthrop Avenue
  • MLS Number72275207
  • Status Date2018-01-28T19:26:00

Exterior

  • Railroad SidingNo
  • ConstructionBrick, Mason
  • Roof MaterialRubber

Location

  • Street No50
  • Building Number50
  • StreetWinthrop Avenue
  • Zip01843
  • StateMA
  • CountyEssex
  • NeighborhoodSouth Lawrence
  • LocationFree Standing, Interstate, Highway Access, Public Transportation
  • TownLawrence

Property

  • Acreage0.14
  • Net Operating Inc50400
  • Parking Spaces20
  • Space AvailableFor Sale
  • Site ConditionLevel, Improved
  • SubletNo
  • Gross Annual Income50400
  • Handicap AccessYes
  • Condo AssociationNo
  • Lot Size6311
  • Assessed Value Land92600
  • Main LoBB3301
  • Square Feet3004

Building

  • No Of Driving Doors4
  • No Buildings1
  • No Of Restrooms1
  • No Stories1
  • Parking FeatureGarage, 11-20 Spaces, Improved Driveway, Paved Driveway, On Site
  • SprinklersNo
  • Total Bldg Sf3004
  • Sub DividablePossible
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg120600
  • DividableYes
  • Undrgrnd TankUnknown
  • Reu Units1

Utilities

  • UtilitiesPublic Water, Public Sewer, Three Phase

Auction

  • Special FinancingUnknown

Photos

  • Photo Date2018-01-28T19:26:00
  • Number of Photos16

Other

  • Modification Date2018-02-01T03:08:00
  • Property TypeCommercial
  • Listing AlertNo
  • EasementsNo
  • DisclosureNo
  • Book13761
  • Listing AgreementExclusive Right to Sell
  • Prop TypeCI
  • Ref Bldg Sf3004
  • Plat PlanNo
  • ExchangeNo
  • Page285
  • View Count1
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02115

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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