11 Elm St Active

Amesbury,MA 01913

$ 1650000

- Bed

- Bath

9160 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,160 sqft

Price per Sqft $180

MLS Listing ID 73283400

HOA Y/N false

Year Built 1874

Annual Tax Amount $11,907

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Faulkner Commercial is pleased to present this mixed-use value-add investment opportunity. Seize the chance to acquire a prominent property in the heart of Market Square. This property offers commercial spaces on the first and second floors, complemented by six two-bedroom apartments. Current rents are below market value, presenting significant growth potential. The first floor is currently leased to a restaurant, and the second floor is vacant. All tenants are on a month-to-month basis. Property tours require 24 hours' notice minimum and are by appointment only. Please do not inquire within. Initial tours will include one or two apartments, with a complete tour available during the due diligence period. The Offering Memorandum and investment proforma are available upon signing a Non-Disclosure Agreement. All information was obtained from the seller and public records, and prospective buyers are advised to perform due diligence in all aspects of a contemplated acquisition.

Location

State MA

County Essex

Zoning CB

Direction in the heart of Market Square in downtown Amesbury

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available,110 Volts,220 Volts

Roof Type Rubber

Total Parking Spaces 2

Others

Senior Community false

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