49 Blanchard St Lawrence, MA 01843

This exceptional 50,000+ square foot industrial property, located at 49 Blanchard in Lawrence, MA, presents a compelling investment opportunity. Situated on a 1.28-acre lot, this versatile space currently functions as a blend of industrial, warehouse, and office areas, offering significant rental income potential. The property boasts multiple loading docks, enhancing operational efficiency. Currently operating at a 7.2 percent cap rate, there's significant room for rental increases, maximizing return on investment. The strategic location offers convenient access to public transportation and the commuter rail, providing employees and clients with easy commuting options. Further enhancing its appeal, this property is classified within an Opportunity Zone, providing potential tax advantages for qualified investors. The existing structure lends itself to a variety of uses, including potential conversion to condominiums or residential units, offering flexibility for future development and adaptation to changing market demands. The seller is open to considering partial financing, making this an even more attractive proposition for prospective buyers. This is a rare chance to acquire a high-performing asset with substantial upside in a prime location. Don't miss this chance to secure a truly exceptional investment.