Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    38-40 Market St Amesbury, MA 01913

    For Sale
    $550,000

    Commercial Sale - Amesbury, MA

    Property size:
    4,181 SF
    Lot size:
    0.14 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 38-40 Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CB
    Size
    4,181 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1910
    Architectural style
    Other

    Keller Williams Realty Evolution [email protected]

    Listing agent NECA Group (978) 992-4050

    Listing date Oct 9, 2025

    MLS# 73441918 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Amesbury Commercial Property with Development Potential

    Located in downtown Amesbury, this commercial property presents an opportunity for developers and investors. The existing structure includes 1500 square feet of leased retail/restaurant space and 2500 square feet of vacant office space. Recent renovations to the office space include the addition of two bathrooms, kitchens, carpet, walls, and ceilings, making it move-in ready. The property, situated on a 0.14-acre lot, is zoned CB (Commercial Business). The restaurant space is currently under an expiring lease, providing flexibility for potential buyers. The property contains a total of 4181 square feet. The property is suitable for an end-user looking to move their business or an investor seeking to expand their portfolio. There is potential to expand upwards and develop residential units. This property is available for sale or lease.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amesbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.929927
    Latitude
    42.858928

    Nearby Similar for Sale

    • $1,400,000
      Pending

      Iconic Amesbury Property For Sale

      Iconic 8,200 SF property on 1.06 acres in downtown Amesbury.
      145 Main St, Amesbury, MA 01913
      View Details
    • $1,349,000

      Turnkey Multifamily in Amesbury

      Fully rented 5-unit multifamily property with recent renovations.
      49 W Greenwood St, Amesbury, MA 01913
      View Details
    • $685,000

      Versatile Multi-Family Home

      Spacious multi-family home with two units and ample storage.
      48-50 Orchard St, Amesbury, MA 01913
      View Details
    • $1,199,000

      Amesbury Triplex Near Park

      Renovated triplex near amenities with strong investment potential.
      129 Friend St, Amesbury, MA 01913
      View Details
    • $550,000

      Amesbury Mixed-Use Investment Opportunity

      Downtown Amesbury property with retail and office space for sale.
      38-40 Market 1, Amesbury, MA 01913
      View Details
    • $684,900

      Spacious Two-Family Near Downtown Amesbury

      Well-maintained 2-family near downtown with strong rental potential.
      204 Elm St, Amesbury, MA 01913
      View Details

    FAQs

    What type of property is this?
    Retail space - Downtown Amesbury property with retail, office space, and expansion potential.
    Where is this retail space located?
    The property is located at 38-40 Market St Amesbury, MA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime downtown Amesbury location with development potential for residential units.; - 2500 SF of **recently renovated, move-in-ready office space** including two bathrooms and kitchens.; - Existing leased retail/restaurant space provides immediate income.
    (978) 992-4050
    Request Owner's contact information
    38-40 Market St Amesbury, MA 01913
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    38-40 Market St
    Amesbury, MA 01913
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38-40 Market St Amesbury, MA 01913
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.