Commercial for Sale: 11 Elm St, Amesbury, MA 01913

9,160 sqft
$1,750,000
$1,750,000
11 Elm St, Amesbury, MA 01913
9,160 sqft
$1,750,000
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Price:
$1,750,000

Type Commercial
Square Feet 9,160 sqft
Lot Size 0.11 acres
Year Built 1874

City Amesbury
County Essex

MLS 73283400
Status Pending
DOM 111 days
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.

Lot & Building Features

Tax Year 2024
Taxes Paid $11,907
Roof Rubber

Price History of 11 Elm St

Date Name Price Difference
08/31/2024 Listing Price $1,750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 11 Elm St, Amesbury, MA

Location Map Street View
Photo of Crissa Kounavis
Direct: 301-648-7886
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Keller Williams Realty, Faulkner Commercial Group
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6.75%
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11 Elm St (MLS #73283400) is a commercial listing located in Amesbury, MA. This commercial listing is 9,160 sqft and on a lot of 4,770 sqft (or 0.11 acres) and is 150 years old. This property was listed on 08/31/2024 and has been priced for sale at $1,750,000.

Nearby zip codes are 01950, 01952, 03074, 03833 and 03874. This property neighbors other cities such as Hampton Falls, Kensington, Newburyport, Salisbury and Seabrook.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information 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.