33 Zabelle Ave, Auburn, MA 01501-1520
This exceptional 0.27-acre property at 33 Zabelle Ave, Auburn, MA, presents a rare investment opportunity. Currently configured as a restaurant space with a stunning lake view, this property boasts a fully equipped, high-end kitchen ideal for immediate operation as a takeout or catering establishment. The existing infrastructure offers significant advantages for a quick and efficient start-up. However, the versatility of this location extends beyond its current setup. The space is easily adaptable for conversion into a convenience store, catering to the needs of the local community. Beyond the commercial possibilities, the expansive lot offers significant potential for residential development. Imagine building your dream home on this desirable lakeside lot, enjoying both the tranquility of the lake and the convenience of a bustling commercial street. The property benefits from excellent street visibility and ample parking, ensuring easy access for customers and residents alike. The asking price is $462,000. This is a unique chance to acquire a property with multiple income streams and significant long-term growth potential. Prospective buyers are encouraged to conduct their own due diligence to fully assess the opportunities presented by this remarkable property. The property's size is not specified in the provided information.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.