Description
Multi - use investment property with a cap rate of 12. Three separate buildings with total of 18,000 square feet. Building one is a 2 bay Mark VII 24/7 self-automated touchless car wash and commercial kitchen currently a take-out restaurant. Building 2 is 5 self-clean bay car wash units. Building 3 is 5 rented industrial bay units with office / storage units on 2nd floor. 11-coin operated vacuums and additional parking. Marijuana cultivation, manufacturing or testing is an allowed use. This property abuts the entrance to the Riverview apartments which houses 1000 UMASS students. Great potential to increase revenue with current infrastructure or add additional square footage which seller planned for when developing the site. Seller is pursuing residental use.
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Attribution contact: 978-692-9292 | 978-265-7917
Listing Agent: Tom Courtney
Listing Office: LAER Realty Partners