$1,750,000
11 Elm St
Amesbury, MA, 01913
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.
Property Details
Price:
$1,750,000
MLS #:
73283400
Status:
Active
Beds:
0
Baths:
9
Address:
11 Elm St
Type:
Commercial
City:
Amesbury
Listed Date:
Aug 31, 2024
State:
MA
Finished Sq Ft:
9,160
Total Sq Ft:
9,160
ZIP:
01913
Lot Size:
4,770 sqft / 0.11 acres (approx)
Year Built:
1874
Schools
Interior
Exterior
Parking Spots
2
Roof
Rubber
Financial
Tax Year
2024
Taxes
$11,907
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Similar Listings Nearby
- 259 Elm St
Amesbury, MA$2,200,000
1.12 miles away
- 31-35 Market Sq # 1
Newburyport, MA$1,599,900
4.42 miles away
- 145 Main St
Amesbury, MA$1,400,000
0.22 miles away
- 71 Seabrook Road
Salisbury, MA$1,250,000
4.07 miles away
Courtesy of Keller Williams Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
11 Elm St
Amesbury, MA
LIGHTBOX-IMAGES