Building Details

Year Built 1904

Listing Agency: Show Phone

Listed By: Mae Wojcicki Show Phone

Source: Elliman

Added: Apr 27 Changed: Jul 10 Last Checked: Aug 1 at 12:45PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mae Wojcicki

Investment Insights

Based on property information with market context.

This commercial space is part of a new commercial/residential development within a historic mill building, thoughtfully redeveloped by a local builder in Merrimac, MA. Completion is expected in Fall 2026, with the buyer responsible for completing the interior build-out. The versatile space is suitable for professional office or retail use and can be subdivided for multiple tenants. A potential large exterior patio or courtyard area, exclusively designated for the commercial space, offers an opportunity for outdoor use. The property benefits from strong visibility and accessibility. The location has a walk score of 9, indicating car-dependence, and a bike score of 3, indicating it is somewhat bikeable.

Key Highlights

• Versatile commercial space in a historic mill building, suitable for office or retail.
• Prime location in the heart of Merrimac, MA, with strong visibility and accessibility.
• Potential for a large, exclusive exterior patio or courtyard area.

Property Analytics

Property Profile

Current Use

Mixed-use properties

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Restaurant Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

207

Businesses Nearby

Explore this area Business Placement

Demographics for 01860, MA

6,723

Population

2,851

Households

2.4

Avg Household Size

47

Median Age

37%

College-Educated

95%

High-School Grad

8.5 sq mi

ZIP Area

791

Density / Sq Mi

$116,477

Median Household Income

$60,643

Median Earnings

$1,236

Median Rent

$531,300

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Commercial space in historic mill building, completion Fall 2026.

Where is this mixed-use property located?

The property is located at 1 Liberty St Merrimac, MA.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Versatile commercial space in a historic mill building, suitable for office or retail.; Prime location in the heart of Merrimac, MA, with strong visibility and accessibility.; Potential for a large, exclusive exterior patio or courtyard area.