262 Lowell St

    Methuen, MA 01844
    • $1,295,000
    • STATUS: Active
    • MLS #: 72534731
    UPDATED: 50 min ago
    $1,295,000
    • 0
      BEDS
    • 0.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Walter Zenkin of Aa Premier Properties, Llc.

    Description

    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!

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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 2020-04-02T18:06:13.24.
    www.coastalnewenglandproperties.com/homes/96922958

    262 Lowell St Methuen, MA 01844

    • Price: $1,295,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 72534731
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.99
    Acres
    1970
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    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!
    Exterior Features

    Location Downtown Parking Spaces 80 Site Condition Level Stories 2

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 3500.00 Rsf Building Sq Ft 1200.00 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 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 Aa Premier Properties, Llc.


    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 2020-04-02T18:06:13.24.
     
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    Listing courtesy of Walter Zenkin of Aa Premier Properties, Llc.