INNOVATE Real Estate
Commercial Sale at 1995 Lakeview Ave, Dracut MA 01826
Commercial Sale at 1995 Lakeview Ave, Dracut MA 01826, photo 2 of 6
Commercial Sale at 1995 Lakeview Ave, Dracut MA 01826, photo 3 of 6
Commercial Sale at 1995 Lakeview Ave, Dracut MA 01826, photo 4 of 6
Commercial Sale at 1995 Lakeview Ave, Dracut MA 01826, photo 5 of 6
Commercial Sale at 1995 Lakeview Ave, Dracut MA 01826, photo 6 of 6
6 photos

$2,000,000

1995 Lakeview Ave, Dracut MA 01826
Dracut, MA 01826
Listed by Paul-Ratha Yem
Bedrooms
N/A
Bathrooms
N/A
Living area
3,366 sqft
Year built
1970

About this home

This former Santander Bank branch is for sale or lease and will be available July 1st, 2026 -a Freestanding ±3,366 SF retail/office building with large parking lot, 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 details

MLS
MLS Property Information Network
MLS #
73463180
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
312
On market date
December 19, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.87 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
George H. Englesby Elementary School
0.86 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
536
Student:teacher ratio
17.3:1
District
Dracut
Middle
Justus C. Richardson Middle School
0.83 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
896
Student:teacher ratio
15.7:1
District
Dracut
High
Dracut Senior High
1.01 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
876
Student:teacher ratio
14.6:1
District
Dracut

Walkability

Blended score for Dracut's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

61
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Google Places amenity density
63 / 100
Restaurants & cafes11
Grocery stores0
Parks1
Schools3
Transit stops13
Pharmacies1

Market position

How this listing compares to current activity in Dracut, from live MLS data.

On the market 312 days -- 217 more days than Dracut's current average of 95 days.
For reference, the median list price across 173 active listings in Dracut right now is $475,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$12,194/mo
$400,000 down
$1,600,000 loan
Principal & interest$10,378
Property tax (est.)$1,667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 5, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.