50 Massachusetts Ave
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50 Massachusetts Ave
3,716 SF Retail Building Lunenburg, MA 01462 £794,724 (£214/SF)
Investment Highlights
- Former restaurant...commercial building other potential uses...social club, service and retail business, office and more
- Three floor with several entrances/exits...potential for multiple business tenants, if desired
- Huge on-site parking area
- Large open areas/rooms in building with three floors...kitchen and bar areas too offer plumbing access
- Attractive outdoor bar & seating area
- Got both...great visibility to traffic...yet woodland tranquility at rear
Executive Summary
Former restaurant for years...now closed. Owner says sell it. Pictures will be added. Commercial building with 3,716 SF interior/enclosed and 6,201 Gross SF total per assessor info. Lots of parking on-site...not lined spaces, but 50+ vehicles...please confirm!!! Many commercial uses permitted...retail, office service and more. Public utilities connected to subject. Zoning info: https://ecode360.com/29810997#29810997
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,716 SF
Building Class
B
Year Built
1980
Price
£794,724
Price Per SF
£214
Tenancy
Multiple
Number of Floors
3
Building FAR
0.02
Lot Size
4.00 AC
Zoning
Commercial - Many commercial uses possible.
Zoning link: https://ecode360.com/29810997#29810997
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | LUNE-000760-000005 | Improvements Assessment | £242,077 |
| Land Assessment | £223,462 | Total Assessment | £465,538 |
PROPERTY TAXES
Parcel Number
LUNE-000760-000005
Land Assessment
£223,462
Improvements Assessment
£242,077
Total Assessment
£465,538
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50 Massachusetts Ave
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