Details
Highly Profitable Property with Leased Warehouse Buildings Now Available for SALE
Introducing a rare investment opportunity at 48 and 96 Lombard Ave, West Barnstable! This expansive property, totaling over 10 acres, includes 8 buildings and is offered at an attractive price of $5,499,000.
- Building 1: houses the Barnstable Farm & Pet store, contributing significantly to the property’s income.
- Buildings 2-3: LEASED!
- Building 4: Leased by a reputable marine servicing company, contributing to the property’s income.
- Buildings 5-8: Consists of newer constructions, currently occupied by Beacon Building Products. This established company serves Cape Cod contractors with a diverse range of residential roofing, siding, and accessories, making up over 50% of the property’s overall revenue. Secured leases solidify this property as a sound and lucrative investment.
Furthermore, the expansive 10+ acre lot allows for outside boat storage, opening avenues for supplemental revenue streams.
Whether you’re an investor seeking a stable return or a business looking to establish a strategic presence in West Barnstable, this property offers a unique combination of history, modern utility, and income diversity. Don’t miss out on this exceptional commercial real estate opportunity. For more details or to schedule a viewing, contact Commercial Realty Advisors, Inc. at 508-862-9000.
Historic Railroad Tracks
A notable feature of the property at 96 Lombard Road is its adjacency to the Cape Cod Central Railroad track, utilized by Mass Coastal, a prominent freight line. Evidence suggests the presence of a railroad switch, historically facilitating train access to the premises of 48 and 96 Lombard Ave, culminating at a designated platform near building 1. While disused for decades, the potential to revive this track presents an intriguing opportunity, particularly for enhanced shipping and delivery convenience for property occupants.
- For Sale or Lease: For Sale
- Village: West Barnstable
- Property size: 42000 +/- Sq. Ft.
- Acres: 10.34 +/- Acres
- Structures: 8 Warehouse Buildings
