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1985 Lakeview Ave, Dracut MA 01826

Dracut, MA 01826
$10,000
Est. $967/month
3,366
Sq Ft
$3
Price/Sq Ft
0.87
Acres
1970
Year Built
118
Days on Market
Active Listed Aug 10, 2025 • MLS# 73416025 Copied!

About this home

NNN Lease available in April 2026 -a Freestanding ±3,366 SF retail/office building, former Santander Bank branch, with large parking lot, located on a available under a corporate-guaranteed NNN lease with Santander Bank (S&P A- rating) through 9/30/2025. Tenant pays taxes, insurance, CAM, utilities, roof, and structure. The lease includes five (5) 5-year renewal options, with a 10% rent increase at the first renewal and 5% increases at the start of each additional term. Located on ±0.87 acres with 22 on-site parking spaces and excellent visibility on Lakeview Avenue (25,000± VPD). The property is surrounded by national retailers, including CVS, Dunkin’, and Enterprise. Zoned B3 – General Business. Ideal passive investment with minimal landlord responsibilities.

Property Overview

Listing Type
Commercial Lease
Year Built
1970
Living Area
3,366 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1970
Living Area 3,366 sq ft
Lot Size 0.87 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $8,596

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

1985 Lakeview Ave, Dracut MA 01826

Dracut, MA 01826

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $716
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Aug 10, 2025
$10,000
Original listing
Agent: Paul-Ratha Yem Office: Global Realty Network, Inc.

Price & Status History

Date Event Price Change
Aug 10, 2025 New Listing Added $10,000 —

Market Statistics

Days on Market
118 days
Price per Sq Ft
$3

Tax History

Year Taxes Assessment
2025 $8,596 —

Financial Details

Annual Property Tax
$8,596
Tax Year 2025

Listing Information

Listing Agent Paul-Ratha Yem
Listing Office Global Realty Network, Inc.
Agent MLS ID G8000430
Office MLS ID G80035
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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1985 Lakeview Ave, Dracut MA 01826 - Photo 1 1985 Lakeview Ave, Dracut MA 01826 - Photo 2 1985 Lakeview Ave, Dracut MA 01826 - Photo 3 1985 Lakeview Ave, Dracut MA 01826 - Photo 4

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