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Property profile & analytics
OFF-MARKET
Auto shops

120 Amesbury St Lawrence, MA 01840-1306

1,997 SF 0.89 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Property ID
US38-1594737
Property summary
AI-generated overview

This exceptional mixed-use property in Lawrence, MA, presents a compelling investment opportunity. Located at 120 Amesbury Street, this 1,997 square foot building sits on a nearly one-acre lot (0.89 acres) and is zoned MDL. The property currently generates immediate cash flow with an existing tenant under lease for approximately three more years. The building offers a blend of office and retail space, ideal for owner-occupiers or investors seeking strong rental income. With 20 parking spaces available, the property is well-suited to accommodate both employees and customers. Its strategic location adjacent to a newly constructed police station provides high visibility, enhanced security, and increased foot traffic. This prime location offers easy access to major city amenities and infrastructure, making it an attractive proposition for a variety of uses. The ongoing revitalization of the area suggests significant potential for future appreciation and long-term value. This property represents a rare chance to acquire a versatile asset in a thriving urban setting. The property's central location in Essex County, MA, zip code 01840, ensures convenient access to local services and transportation networks. This is an excellent opportunity for investors seeking a stable income stream with significant upside potential.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,997 SF
Lot 0.89 ac (38,932 SF)
APN LAWR M:0126 B:0000 L:0016
UPID US38-1594737
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Safelite AutoGlass Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Five Stars Express Transportation, LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
KLM INC
KLM INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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