Active

49 Blanchard St

Lawrence MA, 01843

$5,800,000


Active

Commercial

Built in 1880

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.

73236226

MLS ID

May 10, 2024

Listed

August 23, 2024

Updated

Map

49 Blanchard St
Lawrence MA, 01843

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.28 Acres

Other Property Details

Taxes

$69,223


Tax Frequency

Annually


Garage

No


Parking Total

100


View

No


County

Essex


Pool

No


Zoning

mdl-96

Listing History

Date

Event

Price

7/31/2024

Price change

$5,800,000

-7%

 

Courtesy of Fermin Group,

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Data last updated 9:54 AM UTC, 8/23/2024

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