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    261 Common St

    Lawrence, MA 01840
    • $499,900
    • STATUS: Active
    • MLS #: 72702704
    $499,900
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,608
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Martha Dastous of Coldwell Banker Realty - Newburyport.

    Description

    This property is in Lawrence's OPPORTUNITY ZONE! Opportunity zones reduce capital gains taxes for individuals and businesses who invest in qualified opportunity zones. Take advantage of US Tax Cut and Jobs Act of 2017 and get investment incentives! Nothing like this on the market right now! Charming, Brick, 3 story free standing office building in downtown area. 3 floors of office space. 1st and 2nd levels have reception area, 3 separate offices/conference rooms(2 with fireplaces), kitchen area(1st only) and a bathroom. 3rd level has reception area, 2 offices and a bathroom. Close to everything Lawrence! Was used for years as a lawyers office which was a perfect use given its location. Half a block to City Hall, 2 blocks to the Police Station, 2 block to the Post Office, 2 blocks to District Court, 4 blocks to the Registry of deeds. Potential to rent each level out, rent out individual offices, office share situation or convert to office condos with proper approvals.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-25T00:06:16.357.
    www.trustrealtyone.com/homes/108500947
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    261 Common St Lawrence, MA 01840

    • Price: $499,900
    • Status: Active
    • MLS #: 72702704
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    4,608
    SQFT
    $108
    $/SQFT
    1977
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    This property is in Lawrence's OPPORTUNITY ZONE! Opportunity zones reduce capital gains taxes for individuals and businesses who invest in qualified opportunity zones. Take advantage of US Tax Cut and Jobs Act of 2017 and get investment incentives! Nothing like this on the market right now! Charming, Brick, 3 story free standing office building in downtown area. 3 floors of office space. 1st and 2nd levels have reception area, 3 separate offices/conference rooms(2 with fireplaces), kitchen area(1st only) and a bathroom. 3rd level has reception area, 2 offices and a bathroom. Close to everything Lawrence! Was used for years as a lawyers office which was a perfect use given its location. Half a block to City Hall, 2 blocks to the Police Station, 2 block to the Post Office, 2 blocks to District Court, 4 blocks to the Registry of deeds. Potential to rent each level out, rent out individual offices, office share situation or convert to office condos with proper approvals.
    Exterior Features

    Construction Brick Location DowntownUrban Parking Features 1-10 SpacesPaved DrivewayOn Site Parking Spaces 6 Stories 3

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 4608.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 279300.00 Assessed Value Land 100100.00 Assessed Value Total 379400.00 Commercial Industrial Type Office Disclosure No Exchange No Exclusions Sq. Footage Calculated Via Assessment Records. 3 Levels Finished X 1536 Sq Ft Each Level = 4608 Sf Gross Annual Income 36600.00 Lease No Lender Owned No Mau Units 0 Ofu Units 1 On File21 E No Reu Units 0 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 10168.00 Total Units 1 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning B3

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Martha Dastous of Coldwell Banker Realty - Newburyport.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-25T00:06:16.357.
     
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    20 Chestnut St Suite #1
    Needham MA, 02492
    Listing courtesy of Martha Dastous of Coldwell Banker Realty - Newburyport.