Tewksbury, MA 01876,555 Whipple Rd
Tewksbury, MA 01876,555 Whipple Rd
Tewksbury, MA 01876,555 Whipple Rd
$1,500,000
Est. payment /mo
$2,099,000
28.5%
Est.Price: ?

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5.88 Acres Lot
SOLD DATE : 11/04/2024

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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Listed by RE/MAX Platinum
Bought with Jeffrey Borstell • J. Borstell Real Estate, Inc.

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