Santander Branch

THE OPPORTUNITY

See the potential.

Global Realty Network, Inc. is pleased to present the former Santander Bank branch located at 1995 Lakeview Avenue, Dracut, Massachusetts. The property is identified in public records as 1995 Lakeview Avenue but is commonly known and historically referenced as 1985 Lakeview Avenue, including during Santander Bank's occupancy. Both addresses refer to the same property.

This Class B, freestanding commercial property contains approximately 3,366 square feet of building area situated on approximately 0.87 acres. The property is currently vacant, providing an owner-user, investor, or developer with the opportunity to reposition the building for a variety of potential commercial uses, subject to applicable zoning and municipal approvals.

The property features B3 General Business zoning, approximately 22 on-site parking spaces, and convenient access to Lakeview Avenue, Route 3, and I-495. The combination of a freestanding building, substantial site area, existing parking, and established commercial location provides flexibility for future occupancy or redevelopment.

The property was formerly occupied by Santander Bank and is now vacant. Santander's most recent contractual rent was $6,916.67 per month, equivalent to approximately $83,000 annually.

Investment Highlights

- Former Santander Bank Branch — Freestanding commercial building previously occupied by a major national financial institution.

- Currently Vacant — Immediate Availability — Ideal for an owner-user, investor, or developer.

- 3,366 SF Freestanding Building situated on approximately 0.87 acres (37,852 SF).

- Class B Commercial Property with a functional single-story configuration.

- B3 General Business Zoning offering flexibility for a variety of potential commercial uses, subject to municipal approvals.

- Approximately 22 On-Site Parking Spaces.

- Established Lakeview Avenue Commercial Location with convenient access to Route 3 and I-495.

- Former Bank Configuration adaptable for financial services, professional office, medical, retail, or other permitted commercial uses.

- Documented Rental History — Santander's most recent contractual rent was $6,916.67 per month ($83,000 annually).

- Value-Add / Repositioning Opportunity — Vacant delivery provides flexibility for renovation, owner occupancy, re-tenanting, or potential redevelopment.

THE DETAILS THAT MATTER

A closer look.

Transaction

For sale

Property type

Office

Building area

3,366 SF

Lot area

0.87 acres

Year built

1970

Zoning

B3

Price per building SF

$594.18/SF

Information is supplied by the listing source. Unpublished financial fields are omitted. Financial figures and availability should be independently confirmed. Catalog updated Oct 19, 2026.

1995 Lakeview Avenue, Dracut, MA 01826