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$ 2,600,000
Est. payment | /mo
29,600 SqFt
$ 2,600,000
Est. payment | /mo
29,600 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 29,600 sqft
Price per Sqft $87
MLS Listing ID 73521695
HOA Y/N false
Year Built 1880
Annual Tax Amount $18,396
Tax Year 2025
Lot Size 0.600 Acres
Acres 0.6
Property Description
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.
Location
State MA
County Essex
Zoning HI
Direction Lynnway to Bennett Street
Others
Senior Community false
Listed by The Drumlin Group Inc.