11 Elm St Active

Amesbury,MA 01913

$ 1650000

- Bed

- Bath

9160 SqFt


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

Year Built 1874

Annual Tax Amount $11,907

Tax Year 2024

Lot Size 4,791 Sqft

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

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available,110 Volts,220 Volts

Roof Type Rubber

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