78 Confidential Street Active

Lawrence,MA 01843

$ 3500000

- Bed

- Bath

4472 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,472 sqft

Price per Sqft $782

MLS Listing ID 73261867

Year Built 1920

Annual Tax Amount $11,866

Tax Year 2024

Lot Size 8,712 Sqft

Property Description

Here is a marvelous opportunity to own a well-established and thriving auto rental business strategically located right in the business district of Lawrence with high visibility. Business is privately owned and not in a franchise. It has been in operation for over 21 years with a yearly cash income of over $700k and a monthly cash flow of $55k-$60k. Sale includes commercial real estate which is comprised of first floor offices and two residential units that yield an additional monthly income of $3k. There is a huge fenced-in parking lot with a big garage area for auto detailing. Business inventory includes 40 vehicles of assorted makes and models. This is an up and running, solid business with repeat customers. Take it over to continue the cash flow privately or be part of a franchise. Owner is retiring after many years in business. Full inventory list and books will be provided upon request as needed. Serious Buyers only. Please contact agent for more details and inquiries.

Location

State MA

County Essex

Zoning B1

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available,110 Volts

Waterfront false

Roof Type Asphalt/Composition Shingles

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