Property Attributes
- MLS#73077613
- TypeContingent
- CountyESSEX
- CityGeorgetown
- Zip01833
- StyleIndustrial
- Year Built1930
- Taxes$ 4135
- Price$ 8,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage3484
- Lot Size10,890 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
RARE OPPORTUNITY TO PURCHASE OR LEASE THIS RENOWNED AND REPUTABLE AUTO REPAIR FACILITY. OR, LEASE TO BUY. The business proudly possesses a grandfathered use in downtown Georgetown. This building is heated by its own oil byproducts thereby eliminating certain energy costs. New roof ~2 years old. One new garage doors recently installed and 2 renovated doors; a $10,000 value. Mini-split Air conditioning in the Office and Waiting room areas. Environmental fiber filtration system on part of the property perimeter. 4-lifts with one inspection station which exists with the current business owner. The Lease price is minimum $8,000 per month for an ~7.3-year lease with 2%/year escalation and requires ~$500,000 downpayment credited toward total purchase price of $1.2M or such other terms as the Seller may agree to. Purchase terms in MLS ID: 73077612. OPTIONAL EXPANSION. Ask Broker for details. Pricing is subject to change without notice prior to Seller's acceptance of an offer.
Price History | |
---|---|
2/9/2023 | Listed $12,000 |
3/21/2023 | 17% - $10,000 |
1/19/2024 | 20% - $8,000 |
General Features
Utilities | Public Water,Private Sewer,220 Volts,Three Phase |
---|---|
Roof | Rubber |
Zoning | IA-3320 |
Year Built | 1930 |
Tax Year | 2023 |
Business Type | Industrial |
County | Essex |
Property Type | Commercial Lease |
HOA / Comm Assn | No |
Contingency | Inspection |
Status | Contingent |
Directions | I-95 to Route 133 West which runs into West Main St. (Rt. 97) to 71 West Main Street on the right. |
City | Georgetown |
Disclosures | Abandoned ROW easement abutting left side of property boundary. |
Senior Community Y/N | No |
Zoning Description | Legal Non-Conforming |
Lot Size Square Feet | 10890 |
Waterfront Y/N | No |
Street Name | West Main |
Tax Annual Amount | 4135.15 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Lease Type | NNN |
Standard Status | Active Under Contract |
Tax Lot | 0142 |
Interior Features
Total Baths | 1 |
---|
Exterior Features
Total Parking | 15 |
---|---|
Lot Size Area | 0.25 |
Building Area Total | 3484 |
Lot Size Acres | 0.25 |
Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool