Active

78 Confidential Street

Lawrence MA, 01843

$3,500,000


$782.65 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 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.

73261867

MLS ID

July 9, 2024

Listed

October 2, 2024

Updated

Map

78 Confidential Street
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

$11,866


Tax Frequency

Annually


Garage

No


Parking Total

30


View

No


County

Essex


Pool

No


Zoning

B1

 

Courtesy of Salihu Mohammed, Dick Lepine Real Estate,Inc.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

©2024 MLS Property Information Network, Inc. All rights reserved.

Data last updated 12:57 AM UTC, 10/2/2024

Powered byLuxury Presence