Bob Barcelos | Methuen Real Estate, Lawrence Real Estate, Andover Real Estate, Salem Real Estate

37 Newbury St, Lawrence, MA 01840  

North Lawrence
Type of Comm.
Lot Size
LOCATION & REPUTATION!! AUTO REPAIR/GAS STATION, METICULOUSLY MAINTAINED FAMILY BUSINESS OWNED/OPERATED 70 YEARS! Property/profitable business/equipment included, owner will about a positive cash flow investment! Great shop to work at, tons of natural light, 1.5 baths, heated space to work inside on cold days - 4 bays, 4 lifts (range from 8-12,000 pd capacity), Hunter HawkEye Elite alignment system w/2020 specs, space for 5 vehicles in garage. Washer/dryer/fridge included. STORAGE: 1 wall to wall closet, 2 closets, plus large mezzanine storage area. OPPORTUNITIES: tax/grant/biz/redevelopment potential, property in Opportunity Zone (Marston District-50800), Reviviendo Gateway Initiative, Gateway City, QOF/tax incentives as eligible. Consider adding an auto sales license? PARKING: est. 15, or 30+ stored. BUILDING: front built 1942, 2nd blg addition built 1995. Explore dividing space for other uses. MORE INFO: Full equipment/amenities & detailed financials upon request.
Open House
No scheduled Open Houses
Lot Size: 11,160.00
Acres: 0.26
Area/Village: North Lawrence
List Price: $539,900
Type: Commercial
Type of Comm.: Commercial
Status: Contingent
Restrooms: 2
Stories: 1
Buildings: 1
Total Units: 1
Total Sq. Ft.: 3,138
Year Built: 1942
Approx. GLA: 3,138
MLS#: 72778423
Elevator: No
Acres: 0.26
Easements: Yes
Lot Size: 11,160.00
Parking Features: Garage, 11-20 Spaces, Improved Driveway, Paved Driveway, On Site
Construction: Mason, Other (See Remarks)
Roof Material: Combination, Shingle, Other (See Remarks), Rubber
Site Condition: Level, Improved
Location: Downtown, Urban, Free Standing, Highway Access, Public Transportation, Central Business District, Corner Lot
Utilities: Public Water, Public Sewer, Other (See Remarks)
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $335,000
Condo Assoc.: No
Assessed Land Value: $137,500
Exchange: No
Taxes: $12,382
Tax Year: 2021
Book/Page: 90/173
Lease Price Includes: Not Applicable
Sublet: No
Total Assesed Value: $472,500
Zone Description: Other (See Remarks)
Exclusions: Personal property
Disclosure Declaration: No
Disclosure: FAMILY OWNED: Fusco family (father & son) since 1951. EASEMENT: Guarantees access to right side property (see map MLS paperclip). GAS PUMPS: Needs updates, have estimates upon request. ROOF: Front half rubber replaced 2011, back half 2000 (estimated). OTHER: Hot water tank 2014, Utica boiler 2004.
For Lease: No
Lease Type: Other (See Remarks)
Space Available: For Sale
Area Sales
Similar Listings
The listing office is Century 21 McLennan & Company and the listing agent is Jessica Finocchiaro. 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 it's 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. The data was last modified on 12/18/2018 2:44:00 PM.