1. Massachusetts
  2. Amesbury
  3. 11 Elm St
$1,650,000

11 Elm St, Amesbury, MA 01913

  • 9 baths |
  • 9,160 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1874
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $180/sqft
  • Property List Date Icon Listed 9 months ago

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.

Listing Status:
Pending
Listing Office:
Keller Williams Realty : 978-475-2111
Listing Agent:
Faulkner Commercial Group : 978-269-5445
MLS ID:
73283400

This listing courtesy of Faulkner Commercial Group, Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Amesbury Elementary School

20 S Hampton Rd, Amesbury, MA, 01913

Grades PK-4

0.54 miles away

A

Amesbury Middle School

220 Main St, Amesbury, MA, 01913

Grades 5-8

0.63 miles away

A

Amesbury Innovation High School

71 Friend St, Amesbury, MA, 01913

Grades 9-12

0.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.