Property summary
This exceptional investment opportunity presents a thriving metal recycling facility situated on a sprawling 14.304-acre lot in Millville, MA. The property, located at 164 Lincoln St, 01529, encompasses a 3,200 square foot single-story building constructed in 1950. Currently operating at 100% occupancy, this single-unit facility boasts ample parking for 1,000 vehicles. The property is zoned VCD and includes substantial existing scrap metal inventory valued at over $250,000, ready for immediate processing and sale. Included in the sale are various pieces of heavy equipment crucial for efficient metal recycling operations, such as an industrial-sized scale, a car crushing machine, roll-off dumpsters, and hook trucks. This is a unique owner-user opportunity to acquire a well-established business with significant existing assets and substantial future potential. The property's strategic location makes it the only metal recycling facility in Millville, ensuring a strong market position. This is a Class D property with no rent bumps and no ground lease. The sale includes the business, the land, and all existing equipment. This is a rare chance to own a profitable and established business in a prime location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
VCD · Millville, MAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for VCD in Millville, MA.
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