199 Massachusetts Ave, Lunenburg, MA 01462
For Sale
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This exceptional 17,000-square-foot industrial property, located at 199 Massachusetts Ave in Lunenburg, Massachusetts, presents a unique investment opportunity. Situated on a substantial 16.93-acre lot, this property boasts 700 feet of frontage on Route 2A, ensuring high visibility and accessibility. Built in 1938, the building features a permitted commercial zoning designation, allowing for a variety of uses. The warehouse/garage configuration includes dual showrooms and seven private offices, providing ample space for diverse operational needs. The property includes 15 loading docks, facilitating efficient logistics, and a ceiling height of 16 feet, accommodating various storage and operational requirements. All utilities, including sewer, are connected. An oil/water separator is installed in the garage. The property currently holds a Class 2 used car license. Note that there is no salvage license associated with the property. This versatile space, formerly a GM dealership, offers significant potential for a wide range of businesses seeking a well-located, spacious industrial facility in a thriving Massachusetts community. The asking price is $4,450,000.
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Chapdelaine Truck Center, Inc. Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Lunenburg, MALunenburg. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.