262 Lowell St,

    Methuen, MA 01844
    • $1,199,000
    • STATUS: Active
    • MLS #: 72650161
    UPDATED: 56 min ago
    $1,199,000
    • 0
      BEDS
    • 0.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,700
      SQFT
    • $255
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Walter Zenkin of Showcase Of Homes, Realtorsâ®.

    Description

    This is a great opportunity to own a turnkey well established used car dealership with a single family home included. Transferable 75 car class 2 license included as well. Great high traffic location close to RT93. This sale also includes transfer of all licenses, equipment and fixtures. The single family home has 5 room with 2 Bed Rooms and 1 Full Bath. The dealership sells approximately 40-50 cars/month averaging net profit of $900k-$1,000,000 annually. Additional potential residential rental income of $1,500/month. Don't miss this one.

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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 2020-05-26T18:06:33.27.
    www.southcoastrealtors.com/homes/105475585

    262 Lowell St, Methuen, MA 01844

    • Price: $1,199,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 72650161
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.99
    Acres
    4,700
    SQFT
    $255
    $/SQFT
    1970
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    This is a great opportunity to own a turnkey well established used car dealership with a single family home included. Transferable 75 car class 2 license included as well. Great high traffic location close to RT93. This sale also includes transfer of all licenses, equipment and fixtures. The single family home has 5 room with 2 Bed Rooms and 1 Full Bath. The dealership sells approximately 40-50 cars/month averaging net profit of $900k-$1,000,000 annually. Additional potential residential rental income of $1,500/month. Don't miss this one.
    Exterior Features

    Location DowntownInterstate Parking Spaces 80 Site Condition LevelSlope Stories 2

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 3500.00 Rsf Building Sq Ft 1200.00 Total Building Sq Ft 4700.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 209500.00 Assessed Value Land 165200.00 Assessed Value Total 374700.00 Commercial Industrial Type Commercial Disclosure No Exchange No Gross Annual Income 1200000.00 Lease No Lender Owned No Mau Units 0 Net Operating Income 900000.00 Ofu Units 0 On File21 E Yes Reu Units 1 Rsu Units 1 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2019 Taxes 5316.99 Total Units 2 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Ow Zone Description Legal Conforming Zoning Rd Mixed

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Walter Zenkin of Showcase Of Homes, Realtorsâ®.


    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 2020-05-26T18:06:33.27.
     
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    Listing courtesy of Walter Zenkin of Showcase Of Homes, Realtorsâ®.