Address
71 West Main, Georgetown, MA
Price
$ 575,000
Property Attributes
  • MLS#73077614
  • TypeContingent
  • CountyESSEX
  • CityGeorgetown
  • Zip01833
  • StyleProfessional Service
  • Price$ 575,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3484
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

RARE OPPORTUNITY TO PURCHASE THIS WELL ESTABLISHED, RENOWNED AND REPUTABLE AUTO REPAIR BUSINESS. Grandfathered use in the downtown Georgetown area. This building is heated by its own oil byproducts thereby eliminating certain energy costs. Licensed to handle 16,000 gallons with five 300-gallon tanks. New Rolled rubber roof ~1 year old. One new garage door recently installed and two 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 bay. Property Lease price is minimum $12,000/month for an ~5-year lease term with 2%/year escalation. REAL ESTATE also offered separately for $1.2 M. Discounted Real Estate and Business sale 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
4/19/2024 Listed $575,000

General Features

Utilities Public Water,Private Sewer,220 Volts,Three Phase,See Remarks
Zoning IA
Construction Materials Frame,Masonry,Steel Siding
Year Built 1930
Tenant Pays Heat,Air Conditioning,Electricity,Water,Insurance,Janitorial Service,Trash Service,Snow Removal,Parking Fee
Business Type Professional Service
County Essex
Property Type Business Opportunity
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
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active Under Contract

Interior Features

Total Baths 1

Exterior Features

Building Area Total 3484
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

Property vs Contingent Average in 01833

Price
AVG $760K
$580K
Visits
AVG 139
52
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1930

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