32
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$3,200,000
Est. payment /mo
0.53 Acres Lot
Active
265 Merrimack St Lawrence, MA 01843
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73591132
HOA Y/N false
Year Built 1987
Annual Tax Amount $18,820
Tax Year 2026
Lot Size 0.530 Acres
Acres 0.53
Property Description
Prime Commercial Investment Opportunity in Lawrence's Dynamic Riverwalk District! Rare opportunity to acquire a highly versatile commercial asset featuring a 6-unit fully occupied retail strip mall paired with an active automotive repair facility, complete with a hard-to-find 10-vehicle Class 2 used car dealer license.Situated directly off I-495 and steps from the MBTA Commuter Rail Station, this high-visibility parcel offers exceptional exposure and effortless regional connectivity. Surrounding ongoing redevelopment and vibrant Riverwalk District growth provide massive upside potential with genuine expansion and re-development possibilities. Stable holding income from existing tenants combined with high-demand auto service/sales infrastructure make this an exceptional find for investors, developers, or owner-operators looking to capitalize on Merrimack Valley's booming corridor. Buyer/Buyer's agent to perform due diligence regarding expansion options and zoning uses.
Location
State MA
County Essex
Zoning I2
Direction Route 495 to Merrimack St - Located next to the Lawrence MBTA station
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts
Others
Senior Community false
Listed by Lamacchia Realty, Inc.
Nearby Locations
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