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$3,400,000
Est. payment /mo
0.89 Acres Lot
UPDATED:
09/20/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73290654
HOA Y/N false
Year Built 1950
Annual Tax Amount $9,888
Tax Year 2024
Lot Size 0.890 Acres
Acres 0.89
Property Description
Seize a unique investment opportunity with this prime property located in the heart of the city. Spanning nearly 1 acre, this site features a versatile 2,000 sq ft building, offering significant and steady cash flow or pursuing future development. Its strategic location next to the newly constructed police station ensures high visibility, enhanced security, and increased foot traffic, making it an attractive choice for investors and developers alike.The property’s central positioning offers easy access to major city amenities and infrastructure, amplifying its appeal for various uses, whether for immediate rental income or redevelopment into a more extensive project. With the ongoing growth and revitalization in the area, this site is poised for significant appreciation and long-term value. Don’t miss out on this exceptional opportunity to secure a prime urban asset with endless potential in a burgeoning location. Act now to capitalize on this high-potential investment.
Location
State MA
County Essex
Zoning MDL
Direction Corner of Lowell & Amesbury Streets
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 30
Others
Senior Community false
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Listed by Berkshire Hathaway HomeServices Verani Realty
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