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49 Blanchard St

Lawrence, MA 01843
1 of 7 Photos Map
$4,850,000
1.28 Acres
  • Property 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.
  • Highlights
    • Acres: 1
    • Year Built: 1880
    • Property Class: Commercial Sale
    • Status: Closed
  • Additional Details
    • Zoning: mdl-96
    • Zoning Description: Legal Conforming
  • Fees / Taxes
    • Tax Year: 2024
    • Taxes: $69,223

Location

49 Blanchard St, Lawrence, MA 01843

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