11 Elm St , Amesbury, MA 01913
Amesbury, MA 01913
Description
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.
Details
| Mls | 73283400 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Pending |
| Year | 1874 |
| Days On Site | 100 |
| Listing Provided By | Keller Williams Realty | Faulkner Commercial Group |
Features
| Baths | 9 |
|---|---|
| Sq Feet | 9,160 |
| Zoning | CB |
| Acreage | 0.11 |
Market Activity 01913
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Amesbury |
| Zip Code | 01913 |
| Area | Essex |
| Listing VS Median (in 01913) | |
Price: $1,750,000 low | high Med: $659,000 SqFt: 9,160 low | high Med: 2,017 $ / SqFt: $191 low | high Med: $327 On Site: 100 low | high Med: 26.000000 | |