High-Visibility Retail
For Sale
$999,900
1565 Lakeview Avenue Dracut, Dracut, MA 01826
Retail property on Lakeview Avenue in Dracut, MA, offering strong signage opportunities and flexible owner-user or investment use.
Property Size3,756 SF
Price / SF$266.21
Days on Market148
Property Features for 1565 Lakeview Avenue Dracut
General Information
Standard status
Active
Size
3,756 SF
Zoning
b3
Taxes and HOA fees
Annual Taxes
$5,570
Building Details
Building Size
3,756 SF
Year Built
1951
Listed By:
Amanda Lucido Hodges
(508) 643-8166
Source:
Bournetosellrealestate
Added: Jun 4
Changed: Oct 25
Last Checked: Oct 7 at 9:56AM
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 Amanda Lucido Hodges
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Investment Insights
Based on property information with market context.
This high-visibility retail storefront property is available for sale and provides flexible owner-user and investment potential. The asset totals 3,756 square feet, offering a practical footprint for a commercial operator looking to establish or expand on a heavily traveled corridor.
Located on Lakeview Avenue in Dracut, MA, the property benefits from high visibility and is positioned for excellent signage opportunities. The combination of storefront presence and exposure along a busy traffic corridor supports a range of retail strategies within the existing commercial configuration.
Offered for sale as a single commercial retail asset, it may be suitable for buyers seeking a property with both operating flexibility and the ability to support an investment approach.
Located on Lakeview Avenue in Dracut, MA, the property benefits from high visibility and is positioned for excellent signage opportunities. The combination of storefront presence and exposure along a busy traffic corridor supports a range of retail strategies within the existing commercial configuration.
Offered for sale as a single commercial retail asset, it may be suitable for buyers seeking a property with both operating flexibility and the ability to support an investment approach.
Key Highlights
- Retail property on Lakeview Avenue in Dracut, MA
- Year built: 1951
- High‑visibility, heavily traveled corridor location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,984
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,680
$1.1M
Cap Rate 7%
$771,200
$771.2K
Cap Rate 9%
$599,822
$599.8K
Market Conditions
NOI Build-Up for 3,756 SF
Gross rent
$82.5K $21.96/SF
− Vacancy
−$5.4K −$1.43/SF
EGI
$77.1K $20.53/SF
− OpEx
−$23.1K −$6.16/SF
NOI
$54.0K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,680
Cap Rate 7%
$771,200
Cap Rate 9%
$599,822
Alternative Uses
Best Use
Retail
$771.2K
$674.8K – $899.7K
NOI $53,984 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.22M
$1.95M – $2.59M
NOI $155,648 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 48%
Dunkin' Donuts
Dining
11,663 visits/mo
0.4 miles
Speedway
Shops & Services
8,758 visits/mo
0.2 miles
Pep Boys Auto Parts & Service
Shops & Services
1,455 visits/mo
0.5 miles
H&R Block
Shops & Services
390 visits/mo
0.4 miles
Demographics for 01826, MA
32,689
Population
12,480
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,572
Density / Sq Mi
$111,451
Median Household Income
$58,361
Median Earnings
$1,740
Median Rent
$466,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property on Lakeview Avenue in Dracut, MA, offering strong signage opportunities and flexible owner-user or investment use.
Where is this storefront property located?
The property is located at 1565 Lakeview Avenue Dracut Dracut, MA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Retail property on Lakeview Avenue in Dracut, MA; Year built: 1951; High‑visibility, heavily traveled corridor location
