Investment Overview
A rare opportunity to acquire a highly visible industrial/flex retail property at 223 Winthrop Avenue, Lawrence, Massachusetts. Strategically located immediately off Interstate 495, the property offers exceptional highway visibility, existing pylon signage, and direct access to Route 114.
Situated on a 0.43-acre site, the approximately 12,266-square-foot building features a versatile combination of showroom/retail, office, warehouse, and storage space, making it well suited for owner-users, contractors, distributors, service businesses, and investors.
The property offers the opportunity for immediate occupancy while also generating in-place rental income. Existing lease agreements provide a new owner with the flexibility to continue leasing to three current tenants or, subject to the terms of the respective leases, terminate certain tenancies to accommodate an owner's occupancy requirements.
Investment Highlights
- Flexible owner-user or investment opportunity.
- Highly visible industrial building comprising approximately 12,266 SF on a 0.42-acre site.
- Strategically located immediately off Interstate 495 at Exit 100A with outstanding regional accessibility.
- Existing pylon signage and exceptional highway visibility.
- Flexible showroom, office, warehouse, and outdoor storage configuration.
- Ideal for owner-users, contractors, distributors, service businesses, and investors.
- 400A / 480V electrical service, natural gas heat, and drive-in loading.