11 Elm St - Storefront Retail/Office FOR SALE


Amesbury, MA 01913
$1,750,000 USD
800-281-1316
11 Elm St, Amesbury, MA for Sale
$1,750,000 USD
Storefront Retail/Office - FOR SALE
1/53
null | Request Cap Rate

11 Elm St
Amesbury, MA 01913


HIGHLIGHTS

  • Exceptional Mixed-Use Investment Opportunity.
  • Offers commercial spaces on the first and second floors, complemented by six two-bedroom apartments.

OVERVIEW

Exceptional Mixed-Use Investment Opportunity in downtown Amesbury! Seize the chance to acquire a value-add 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, with the second floor currently 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. Market Square features many popular restaurants, retail stores, artisans, professional offices, and craft breweries. Financials and an investment proforma are available upon signing a Confidential Non-Disclosure Agreement. Buyers are encouraged to perform due diligence. One of the tenants has a Right of First Refusal.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1874

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CB

APN/PARCEL ID

AMES-000053-000000-000046

ASK ABOUT THIS PROPERTY

Janet FaulknerKW Commercial - Faulkner CommercialMore Info
800-281-1316

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Janet FaulknerKW Commercial - Faulkner CommercialMore Info
800-281-1316

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.