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$1,750,000
123 Days On Site

11 Elm St
Amesbury, MA 01913

For Sale|Commercial Sale|Pending
0
Beds
9
Full Baths
0
Partial Baths
9,160
SqFt
$191
/SqFt
1874
Built
County:
Essex

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

11 Elm St11 Elm St11 Elm St11 Elm St
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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.

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Listing Snapshot
Price 
$1,750,000
Days On Site 
123 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,160 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1874
MLS® Number 
73283400
Status 
Pending
Property Tax 
$11,907
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Pending
4 months agoListing first seen on site
General Features
Acres 
0.11
Disclosures 
All information was obtained from seller and public records,prospective buyers are advised to perform due diligence in all aspects of a contemplated acquisition. One of the tenants has a Right of First Refusal.
Parking Spaces 
2
Sewer 
Public Sewer
SqFt Total 
9160
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
CB
Interior Features
Electric 
220 Volts
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Exterior Features
Roof 
Rubber
Listing courtesy of Faulkner Commercial Group of Keller Williams Realty



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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