296 & 288 Highland Ave
$2,795,000
5,483
Sqft
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$2,795,000
5,483
Living Area
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Property Description
Exceptional investment / redevelopment opportunity with outstanding visibility on busy Highland Ave. The property is approved for AUTO BODY USE -a highly sought-after & difficult-to-obtainThe primary retail parcel features a 4,488 SF automotive facility equipped with 6 service bays, 4 lifts, showroom space, manager’s office, parts & stock rooms, customer waiting area, security system. Also included are approximately 12 acres of residential land located behind the main commercial site, offering significant future development potential.The second parcel includes a small residential structure situated on commercially zoned land, presenting excellent redevelopment possibilities. Strategically located alongside major national retailers and traffic generators w/ more than 35,000 vehicles per day.This property is also being offered for lease. Automotive facility (296 Highland Ave) is $15,000 per month modified gross. Add the residential home in for $20,000 per month.
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Highlights
- Acres: 12
- Year Built: 1950
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Zoning: Comm/Resid
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2026
- Taxes: $39,693
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Listing information provided courtesy of Keller Williams Realty - Londonderry.
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