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49 Blanchard

$5,800,000

49 Blanchard, Lawrence, MA 01843

Active
Last Updated: 04/05/2025

1.28 acres

Lot Area

1880

Year Built

Details:
Lot Area:    1.28 acres
Year Built:    1880
MlsNumber:    73325705
Description:

Cash cow. Versatile Industrial, warehouse, office space consisting of over 50k sq feet of rentable building space in a classified OPPORTUNITY ZONE! Multiple loading docs. Possible partial seller financing. Good candidate for condo/residential conversion. Room for rent increase, currently at a 7.2 percent cap rate. Walking distance to the commuter rail and public transportation.

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