90 Lafayette Rd, Salisbury, MA 01952
For Sale
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This exceptional Salisbury, MA commercial property, located at 90 Lafayette, presents a unique investment opportunity. The 0.68-acre lot houses a licensed automotive service and sales operation, complete with four 12-foot overhead doors, three lifts, and existing furniture, fixtures, and equipment (FFE) ready for a high-volume business. The property boasts approximately 3,500 square feet of unutilized space, offering significant value-added retail potential. A permitted sign at the main entrance on Route 1 northbound ensures high visibility for any business. Benefit from the high daily traffic count of 10,000+ vehicles. The property features separate utility meters for efficient cost management, and is serviced by town water and sewer, gas, and three-phase electric. Two tenants are currently in place, generating an 8.5% cap rate. This turnkey operation offers immediate income and significant upside potential for expansion and diversification. The property's strategic location and existing infrastructure make it an ideal investment for both established businesses and savvy entrepreneurs seeking a high-return opportunity in a thriving market. Don't miss this chance to acquire a well-established and versatile commercial property with substantial growth potential.
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
LM · Salisbury, MASalisbury. Always verify with local authorities before improvements.
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.