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Multi-Bay Industrial Income Property | Lawrence, MA

$1,450,000

292 Lowell Street, Lawrence, MA 01841

Active
Last Updated: 12/19/2023

6,651 sqft

Building Size

0.2982 acres

Lot Area

Details:
Building Size:    6,651 sqft
Lot Area:    0.2982 acres
Units:    6
Year Built:    1983
Floors:    2
Highlights:
  • Multi-Tenant 6,651 SF Auto Repair Shop, Garage, Church, and Office
  • 8 Drive-In Bays
  • 292 Lowell Street is Fully Sprinklered
  • Diversified Streams of Income
  • Nearby Tenants Include Advance Auto, McDonald's & Walgreens
Description:

292 Lowell Street (Including 39 Winter Street) is a multi-tenant, dual building 6,651 SF industrial property in Lawrence, MA. The property consists of 8 drive-in bays, an office and customer waiting area with two restrooms, and an additional 900 SF of mezzanine storage. 292 Lowell Street is fully sprinklered and features (4) 10' x 10' Doors and (2) 12' x 10' doors. 39 Winter St has (2) 10' x 10' Doors and is not sprinklered. The property features 2005 updates, including new garage doors, an entrance door, windows, a rubber roof, natural gas heating system, ceiling lighting, and an office with 1 ADA-accessible restroom, along with gas, water, and sewer connections to the street. Lowell Street offers easy access to I-495 & I-93.

Incorporated as a city in 1853, Lawrence has a population of 76,377 (2010 U. S. Bureau of the Census) and occupies a land area of approximately 6.75 square miles. The cities of Lawrence and Haverhill are the population centers of a Primary Metropolitan Statistical Area (PMSA) of approximately 230,000 persons.

292 Lowell Street is a multi-tenant, dual property 6,651 SF Auto Repair Shop & Garage located in Lawerence, MA. The property consists of six (6) lifts, office space, a customer waiting area, and an additional 1,200 SF of mezzanine storage. The property is fully sprinklered and has (3) x 14’ drive-in doors in the rear. Lowell Street offers easy access to I-495 & I-93.

Map:
Documents:
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Offering_Memorandum__L_.pdf
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Location
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