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Auto Dealership with 12 Bays
For Sale
$8,950,000

611-623 Main St Tewksbury, Tewksbury, MA 01876

Turn-key auto dealership fully renovated in 2023 with 12 bays, 140 parking spaces, and approved total of 225.

Property Size15,336 SF
Price / SF$583.59
Days on Market122

Property Features for 611-623 Main St Tewksbury

General Information

Standard status Active
Size 15,336 SF
Zoning GB

Taxes and HOA fees

Annual Taxes $67,411

Building Details

Building Size 15,336 SF
Year Built 2001
Listed By: Michele Costa
Source: Milestonerealtyinc
Added: May 7 Changed: Sep 2 Last Checked: Sep 4 at 2:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michele Costa

Investment Insights

Based on property information with market context.

Turn-key automotive property fully renovated in 2023, situated on two lots (#611 and #623). One lot currently supports a green auto dealership with a fully upgraded facility, while the second lot includes a house ready for demolition, providing additional space for growth. The owners have secured permits, completed testing and approvals, and disconnected utilities.

The dealership includes numerous improvements such as a new kitchen and baths, hot water system, high bay lighting, resurfaced and epoxy-coated bay flooring, updated HVAC, and a new heat pump. The facility is configured with twelve bays, featuring thirty-foot ceilings and ten-foot garage openings.

Parking is a key component of the site plan, with 140 parking spaces at the dealership and room for up to 85 additional spaces on the second lot. The town has approved a total of 225 parking spaces between both lots. Located in a high-traffic area with easy highway access, the property is offered for sale only and is open to sale leaseback.

Key Highlights

  • Auto dealership building built in 2001, fully renovated in 2023 and offered real estate for sale only (open to sale/leaseback).
  • 12‑bay dealership with 30‑foot ceilings and 10‑foot garage openings.
  • Two lots (#611 and #623) totaling 3.02 acres with 140 dealership parking spots and room for up to 85 more.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Pharmacy Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 13%
Ocean State Job Lot Shops & Services
18,630 visits/mo 0.2 miles
Papa Gino's Dining
2,941 visits/mo 0.2 miles
Devon Self Storage Shops & Services
435 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
382 visits/mo 0.5 miles

Demographics for 01876, MA

31,105
Population
12,212
Households
2.5
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
1,495
Density / Sq Mi
$126,795
Median Household Income
$65,008
Median Earnings
$2,248
Median Rent
$546,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Automotive Excellence Direct, LLC 330 Marston St, Tewksbury, MA 01876
  • On Point Detailing And Restoration 818 Main St, Tewksbury, MA 01876
  • AK Motors and Auto Repair 818 Main St, Tewksbury, MA 01876
  • Ronnie's Car Care Service 663 Main St, Tewksbury, MA 01876
  • Billerica Automotive 663 Main St, Tewksbury, MA 01876

Frequently Asked Questions

What type of property is this?
Auto shop - Turn-key auto dealership fully renovated in 2023 with 12 bays, 140 parking spaces, and approved total of 225.
Where is this auto shop located?
The property is located at 611-623 Main St Tewksbury Tewksbury, MA.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: Auto dealership building built in 2001, fully renovated in 2023 and offered real estate for sale only (open to sale/leaseback).; 12‑bay dealership with 30‑foot ceilings and 10‑foot garage openings.; Two lots (#611 and #623) totaling 3.02 acres with 140 dealership parking spots and room for up to 85 more.
More about this property
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