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Historic- Lee National Bank 47 Main St 2,256 SF 100% Leased Retail Building Lee, MA 01238 $1,379,995 CAD ($611.70 CAD/SF)

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Investment Highlights

Owner is open to Sale/Lease back.
Architectural plans for second floor apartment and addition to rear will be provided to buyer.
Prominent Main Street location featuring a 1920 addition and flexible layout.

Accessible Approach with Ramp; Handicap Access; Handrails; Wheelchair Access.
Historic 1835 bank building with original character and architectural charm.
Separate HVAC systems, and updated electric service.

Executive Summary

Historic former Lee National Bank building is being offered for sale. The front bank area, 47 Main, 1,220 sf was built in 1835. By the turn of the century, the bank and businesses were doing well, trolleys were rolling up and down the county. So in 1920 the bank added a rear bank area, 49 Main, a 1,036 sf addition. The addition does not include the gardens. The front bank area includes the handicap ramp, side entryway and handicap bathroom. Both areas have separate heat and air-conditioning. They are serviced by 200 amp electric. Many original features have been retained. Possible sale/leaseback. 2020-2021 Architectural plans for second floor apartment and addition to rear will be provided to buyer.