Active
78 Confidential Way
Lawrence MA, 01843
$4,000,000
$894.45 per sqft
Active
3 Baths
4,472 sqft
Commercial
Built in 1920
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 20 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.
73145388
MLSⓇ ID
August 7, 2023
Listed
May 9, 2024
Updated
Map
78 Confidential Way
Lawrence MA, 01843
Interior Features
Total Bathrooms
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.2 Acres
Roof
Asphalt/Composition Shingles
Other Property Details
Taxes
$11,196
Tax Frequency
Annually
Garage
No
Parking Total
30
View
No
County
Essex
Pool
No
Zoning
B1
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
2/14/2024 | Price Change | $4,000,000 -12% |
1/24/2024 | Price Change | $4,500,000 -7% |
Courtesy of Salihu Mohammed, Dick Lepine Real Estate,Inc.
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Data last updated 3:30 AM UTC, 5/9/2024
