Pending
Under Agreement
11 Elm St
Amesbury MA, 01913
$1,750,000
$191.05 per sqft
Pending
Under Agreement
9 Baths
9,160 sqft
Commercial
Built in 1874
Mixed-Use Value Add Investment Opportunity in Amesbury! Seize the chance to acquire a property in the heart of Market Square. This property offers commercial spaces on the first and second floors, complemented by 6 two-bedroom apartments. Current rents are below market value, presenting significant growth potential. The first floor is currently leased to a restaurant, with the second floor vacant. All tenants are on a month-to-month basis. The Offering Memorandum is in progress, and property tours are by appointment only. Please do not inquire within. Initial tours will include one or two of the apartments, with a complete tour available during the due diligence period. Financials and an investment proforma are available upon signing a Confidential Non-Disclosure Agreement. Buyers are encouraged to perform due diligence. Market Square features many popular restaurants, retail stores, artisans, professional offices, and craft breweries. One of the tenants has a Right of First Refusal.
73283400
MLSⓇ ID
August 31, 2024
Listed
November 22, 2024
Updated
Map
11 Elm St
Amesbury MA, 01913
Interior Features
Total Bathrooms
9
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Rubber
Other Property Details
Taxes
$11,907
Tax Frequency
Annually
Garage
No
Parking Total
2
View
No
County
Essex
Pool
No
Zoning
CB
Listing History
Date | Event | Price |
|---|---|---|
11/19/2024 | Pending | — |
11/5/2024 | Under contract | — |
Courtesy of Faulkner Commercial Group, Keller Williams Realty
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Data last updated 11:21 PM UTC, 11/22/2024
