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In-PersonVirtual Tour
$1,650,000
Est. payment /mo
9,160 SqFt
UPDATED:
02/11/2025 08:05 AM
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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Listed by Keller Williams Realty