Brendan Atwood
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22-26 School St
Merrimac, MA 01860

$1,925,000

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Listing Details

  • $1,925,000
  • MLS# 73551397
  • Type Commercial - Business
  • Status Active
  • 6,721
    Square Feet
  • 1.164 acres
    Lot Size
  • 1855
    Year Built

Listed By

Agency Name: Keller Williams Realty
Agent Name: Faulkner Commercial Group
Agency Phone: 978-475-2111

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Shown By

Agent Name: Brendan Atwood
Agent Phone: (617) 947-8419
Agency Title: Donahue Real Estate Co.

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Home Value Estimate


Description

Mixed-use investment opportunity in the heart of Merrimac. This 1.164? acre Village Center-zoned property consists of two separate buildings: a 2,962 SF professional office building, constructed in 2013 and leased to an established dental practice, and a 3,759 SF two-family residence with two income-producing apartments (one 2-bedroom, one 4-bedroom). Diversified income from commercial and residential tenants provides stable cash flow, with upside potential from rental growth. Redevelopment possibilities exist as well. Well located near I-495 and MA 110 with convenient access to Newburyport, Amesbury, Haverhill, and Southern NH. Ideal for...read more

Features

  • $14,725 Taxes
  • Built in 1855

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