Active

11 Elm St

Amesbury MA, 01913

$1,750,000


$191.05 per sqft

Active

9 Baths

9,160 sqft

Commercial

Built in 1874

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.

73283400

MLS ID

August 31, 2024

Listed

September 16, 2024

Updated

Map

11 Elm St
Amesbury MA, 01913

Interior Features

Total Bathrooms

9


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres


Roof

Rubber

Other Property Details

Taxes

$11,907


Tax Frequency

Annually


Garage

No


Parking Total

2


View

No


County

Essex


Pool

No


Zoning

CB

 

Courtesy of Faulkner Commercial Group, Keller Williams Realty

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Data last updated 9:22 PM UTC, 9/16/2024

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