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    1400 Broadway Rd Dracut, MA 01826

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    For Sale
    $1,599,900

    4,804 sq ft commercial building on nearly 1 acre.

    Lot size:
    0.92 Acres

    Property Features for 1400 Broadway Rd

    General Information

    Lot size
    0.92 Acres

    Building Details

    Year built
    2015

    Source: Century 21 McLennan & Company Agent Matthew McLennan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building on Route 113

    This 4,804 sq ft commercial building is situated on nearly 1 acre of land along Route 113, approximately 2 miles from Rt 93. Constructed 10 years ago, the property is zoned B3, allowing for various business uses such as professional offices, financial services, medical, dental, veterinary clinics, retail, auto sales, restaurants, churches, and temples. The first floor comprises 3,712 sq ft and is currently configured for use as a funeral home. The second floor includes a 1,100 sq ft residential space featuring a 3-bed apartment. Parking is available for over 40 vehicles. The property includes a wooded buffer along the sides and rear. It is equipped with two separate HVAC systems and fire prevention features.
    Insight Report Location Intelligence

    Current Use by Public Records

    Edgar J. Racicot ... Funeral Home Cotnoir Daniel B Funeral Home Tarr William E ... Accountant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Department Store Kitchen & Bath Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dracut
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.25219
    Latitude
    42.7020787

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    FAQs

    What type of property is this?
    Storefront property - 4,804 sq ft commercial building on nearly 1 acre.
    Where is this storefront property located?
    The property is located at 1400 Broadway Rd Dracut, MA.
    What is the asking price?
    The asking price for this property is $1,599,900.
    What are key features of this property?
    This property features: - High-visibility location on Route 113, just 2 miles from Rt 93.; - Versatile B3 zoning allows for a wide range of business uses.; - Large 4,804 sq ft building featuring a 3,712 sq ft commercial space and a 1,100 sq ft 3-bed apartment.
    (978) 660-3135
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    1400 Broadway Rd Dracut, MA 01826
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    Dracut, MA 01826
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 Broadway Rd Dracut, MA 01826
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