$1,500,000
$2,099,000
28.5%For more information regarding the value of a property, please contact us for a free consultation.
555 Whipple Rd Tewksbury, MA 01876
5.88 Acres Lot
Key Details
Sold Price $1,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73287160
Sold Date 11/04/24
HOA Y/N false
Year Built 1962
Annual Tax Amount $11,488
Tax Year 2024
Lot Size 5.880 Acres
Acres 5.88
Property Description
Investors, Developers, and Builders Take Note - Income-producing property with potential for residential home development!555 Whipple Road, Tewksbury, MA, is a 5.88-acre mixed-use property with frontage on both Whipple and Farwood Roads. The site includes a 3-bedroom, 2-bath vintage-style ranch home with a partially finished lower level, an inground pool, and an attached two-car garage. The residential structure is complemented by a two-story commercial-use office and training facility (approximately 1,160 sq. ft.).Approximately 2.9 acres are currently leased to a commercial transportation company. The lease includes the use of the office and training facility. The portion of the property with frontage on Farwood Road consists of undeveloped land and could be subdivided for residential homes (2 acres).The current residence is unoccupied and could be rented for additional income.Qualified buyers are encouraged to call for additional details.
Location
State MA
County Middlesex
Zoning RG
Direction Pleasant Street to Whipple Rd. Use GPS.
Exterior
Total Parking Spaces 50
Others
Senior Community false
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Bought with Jeffrey Borstell • J. Borstell Real Estate, Inc.