For Sale
Dracut Tire Business | Portfolio Sale Opportunity
For Sale
MLS Number 72969149
TURNKEY! 15.14% Cap rate! Call or Email Ash for NDA. 617-467-8550. AKW@GobsonSIR.com
NDA is required for any further information about this property/business/opportunity.
(income verification, 21E Environmental report).
Gibson Sotheby’s International Realty & Frank Celeste has been retained by the owners of Dracut Tire to facilitate the sale of their Business and Real Estate Portfolio. Cooperating Broker Compensation is made to MLS members only.
15.14% CAP RATE! A++ LOCATION! ONCE IN A DECADE OPPORTUNITY TO OWN DRACUT TIRE BUSINESS, LAND & 2 BUILDINGS! ESTABLISHED 58-YEAR-OLD COMPANY. THREE CONTIGUOUS LOTS (38,200 SQFT in TOTAL AREA) consisting of an Automotive repair shop (Dracut Tire), 2 Family Building, and a vacant lot zoned commercial/developable land currently used for parking. MULTIPLE REVENUE STREAMS and potential to rent out the 2 Family Building. Dracut Tire provides: State inspections, Auto Repair, Tire Sales, and is licensed for a used car lot for up to 25 cars. 21E-- Environmental Phase 1 & 2 completed in January of 2022. The 3 Contiguous lots are: 1265 Lakeview Avenue, 1269 Lakeview Avenue and 51 Cass Avenue in Dracut, MA 01826.
Dracut Tire Shop has been an integral part of the local Dracut community & surrounding areas for over 55 years.
Over the years they have built an excellent reputation based on their professionalism & outstanding customer service.
MLS Number 72969149
TURNKEY! 15.14% Cap rate! Call or Email Ash for NDA. 617-467-8550. AKW@GobsonSIR.com
NDA is required for any further information about this property/business/opportunity.
(income verification, 21E Environmental report).
Gibson Sotheby’s International Realty & Frank Celeste has been retained by the owners of Dracut Tire to facilitate the sale of their Business and Real Estate Portfolio. Cooperating Broker Compensation is made to MLS members only.
15.14% CAP RATE! A++ LOCATION! ONCE IN A DECADE OPPORTUNITY TO OWN DRACUT TIRE BUSINESS, LAND & 2 BUILDINGS! ESTABLISHED 58-YEAR-OLD COMPANY. THREE CONTIGUOUS LOTS (38,200 SQFT in TOTAL AREA) consisting of an Automotive repair shop (Dracut Tire), 2 Family Building, and a vacant lot zoned commercial/developable land currently used for parking. MULTIPLE REVENUE STREAMS and potential to rent out the 2 Family Building. Dracut Tire provides: State inspections, Auto Repair, Tire Sales, and is licensed for a used car lot for up to 25 cars. 21E-- Environmental Phase 1 & 2 completed in January of 2022. The 3 Contiguous lots are: 1265 Lakeview Avenue, 1269 Lakeview Avenue and 51 Cass Avenue in Dracut, MA 01826.
Dracut Tire Shop has been an integral part of the local Dracut community & surrounding areas for over 55 years.
Over the years they have built an excellent reputation based on their professionalism & outstanding customer service.
Property Hi-Lites:
Property # 1: 51 Cass Avenue, Dracut, Massachusetts
Automotive Repair & Tire Shop Building & Business
Repair Shop Size: 4,778 sq. ft. (+/-) with eight (8) drive in doors:
Lot Size: 16,620 sq. ft. (+/-)
Year Built: 1962
The business offers a full range of automotive repair services including:
Outside storage uses permitted. Property is properly maintained.
All licenses are current and in effect:
Automotive Repair & Tire Shop Building & Business
Repair Shop Size: 4,778 sq. ft. (+/-) with eight (8) drive in doors:
Lot Size: 16,620 sq. ft. (+/-)
Year Built: 1962
The business offers a full range of automotive repair services including:
- Automotive Maintenance, Auto Repair, Tire Installation, State Inspections, Oil Changes and more…
- Front Desk Office, Reception Area for Customers, Storage Room and Washrooms
Outside storage uses permitted. Property is properly maintained.
All licenses are current and in effect:
- State Inspection (does a very high volume of state inspections with 2 Bays)
- Auto Repair & Maintenance
- Tire Sales
- Potential for Used Car Sales (up to 25 vehicles)
Property # 2: 1265 Lakeview Avenue, Dracut, Massachusetts
2 Story Dwelling
Building Size: 3,616 sq. ft. (+/-)
Lot Size: 8,000 sq. ft. (+/-)
Year Built: 1900
Income/Description:
The first floor of the two-family residential dwelling is used as the office.
2 Story Dwelling
Building Size: 3,616 sq. ft. (+/-)
Lot Size: 8,000 sq. ft. (+/-)
Year Built: 1900
Income/Description:
The first floor of the two-family residential dwelling is used as the office.
Property # 3: 1269 Lakeview Avenue, Dracut, Massachusetts
Vacant Commercial Lot
Zoned for Commercial Development
Lot Size: 13,580 sq. ft. (+/-)
Vacant Commercial Lot
Zoned for Commercial Development
Lot Size: 13,580 sq. ft. (+/-)
Additional Notes:
Please respect the privacy and confidentiality interests of the Owners.
Assume that employee’s and members do not know that business if for sale.
Owners willing to work with new buyer to ensure a smooth transition.
Please provide ample notice for all showings.
Do Not Go Direct. Do Not Disturb Employees or Customers
Please respect the privacy and confidentiality interests of the Owners.
Assume that employee’s and members do not know that business if for sale.
Owners willing to work with new buyer to ensure a smooth transition.
Please provide ample notice for all showings.
Do Not Go Direct. Do Not Disturb Employees or Customers
Listing Price: $1,995,000.00 USD*
*Sales Price includes the following:
51 Cass Ave, Dracut, MA – Dracut Tire Business
(Real Estate + Business + Chattels/Equipment + Inventory)
1265 Lakeview Avenue, Dracut, MA – 2 Story Dwelling;
1269 Lakeview Avenue, Dracut, MA – Vacant Commercial Lot
Viewing: By Appointment Only
Buyer or Buyer's Real Estate Agent to verify all information and measurements in order to make an informed offer.
*Sales Price includes the following:
51 Cass Ave, Dracut, MA – Dracut Tire Business
(Real Estate + Business + Chattels/Equipment + Inventory)
1265 Lakeview Avenue, Dracut, MA – 2 Story Dwelling;
1269 Lakeview Avenue, Dracut, MA – Vacant Commercial Lot
Viewing: By Appointment Only
Buyer or Buyer's Real Estate Agent to verify all information and measurements in order to make an informed offer.
For further details contact:
Ash Williams MBA, Realtor
Gibson Sotheby's International Realty
20 City Square
Charlestown, MA
02129
USA
Direct: 617.467.8550
Akw@gibsonsir.com
Gibson Sotheby's International Realty
20 City Square
Charlestown, MA
02129
USA
Direct: 617.467.8550
Akw@gibsonsir.com
We are Boston's Largest Independent Real Estate Company
No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to error omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.