Addie Finley | Billerica MA Real Estate Real Estate, Lowell MA Real Estate Real Estate

262 Lowell St, Methuen, MA 01844  

Type of Comm.
Lot Size
Don't miss this opportunity! Turnkey well established used car dealership with a single family home as well! Transferable 75 car class 2 used car license. Business name not included. Great high traffic location! Lowell Street, close to RT93 in Methuen. Sale includes transfer of all licenses, equipment and fixtures. The single family home has 5 Rooms with 2 Bed Rooms and 1 Bath. The dealership sells 40 to 50 cars/month averaging net profit form $900k-$1.2M annually. Additional potential residential rental income of $1,450/month. SFResidential: 1-1400. SFRetail: 1-3,500SF Don't miss this tremendous opportunity!
Open House
No scheduled Open Houses
Lot Size: 43,225.00
Acres: 0.99
List Price: $1,499,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 2
Buildings: 2
Year Built: 1970
MLS#: 72534731
Acres: 0.99
Lot Size: 43,225.00
Parking Spaces: 80
Site Condition: Level
Location: Downtown
Utilities: Public Water, Public Sewer
Short Sale Lender Approval: No
Lender Owned: No
21E On File: Yes
Assessed Building Value: $209,500
Assessed Land Value: $165,200
Exchange: No
Gross Annual Income: $1,200,000
Taxes: $5,317
Tax Year: 2019
Net Operating Income: $900,000
Book/Page: 8665/308
Sublet: No
Total Assesed Value: $374,700
Zone Description: Legal Conforming
Retail Sq. Ft.: 3,500
Retail Units: 1
Residential Sq. Ft.: 1,200
Residential Units: 1
Disclosure Declaration: No
For Lease: No
Space Available: For Sale
Area Sales
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The listing office is AA Premier Properties, LLC and the listing agent is Walter Zenkin. 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 it's 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. The data was last modified on 12/18/2018 2:44:00 PM.