$1,750,000

Est. Mortgage $8,282/mo *

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11 Elm St, Amesbury, MA, 01913

11 Elm St, Amesbury, MA, 01913
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1874

9,160 sqft

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. 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.

Status:

Active

Type:

Commercial

Zoning:

CB

Parking:

2-car

Acreage:

0.11

Est. Taxes:

$11,907

Utilities

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

MLS #:

73283400

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Faulkner Commercial Group, Keller Williams Realty Phone: 978-475-2111