Multi-Level Theater
115 Main Street #A, Amesbury, MA 01913
For Sale
New
Contact for pricing
A commercial kitchen, large assembly rooms, offices, and storage support a range of performance and event configurations.
Property Size7,418 SF
Price / SF$0.00
Days on Market5
Property Features for 115 Main Street #A
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Tenant in Place
Building Details
Year Built
Listing Agency:
Keller Williams Realty
(978) 475-2111
Listed By:
Faulkner Commercial Group
(978) 269-5445
Source:
Lockandkeyre
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 9:39AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
At 115 Main Street, this 7,418-square-foot commercial building combines large rooms suited to assembly or performance with administrative and support areas. The first floor includes restrooms, a serving area, and a commercial kitchen equipped with stainless-steel preparation areas, cooking equipment, and ventilation. Upper-level and basement areas add functional space and storage. Built in 1900, the property has improvements made for the current tenant’s operations; tenant-specific furniture, fixtures, and equipment are expected to be removed.
The building is in downtown Amesbury, with access to the city’s commercial district and regional connections via I-95 and I-495. The current tenant’s 10-year lease expires in July 2027, and the property is stated to be available in July 2027.
The building is in downtown Amesbury, with access to the city’s commercial district and regional connections via I-95 and I-495. The current tenant’s 10-year lease expires in July 2027, and the property is stated to be available in July 2027.
Key Highlights
- 7,418‑square‑foot theater property with large assembly and performance rooms
- First‑floor commercial kitchen with stainless‑steel prep areas, cooking equipment, and ventilation
- Offices, support areas, restrooms, and a serving area on the first floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,905
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,100
$1.6M
Cap Rate 7%
$1,127,214
$1.1M
Cap Rate 9%
$876,722
$876.7K
Market Conditions
NOI Build-Up for 7,418 SF
Gross rent
$119.3K $16.08/SF
− Vacancy
−$6.6K −$0.88/SF
EGI
$112.7K $15.20/SF
− OpEx
−$33.8K −$4.56/SF
NOI
$78.9K $10.64/SF
Area
Essex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,100
Cap Rate 7%
$1,127,214
Cap Rate 9%
$876,722
Alternative Uses
Best Use
Specialty Retail
$1.96M
$1.71M – $2.29M
NOI $137,116 @ 7.0% cap · market cap 721,663.16%
Second Best
Industrial
$1.13M
$986.3K – $1.32M
NOI $78,905 @ 7.0% cap · market cap 415,289.47%
Theoretical Best
Office A
$4.39M
$3.84M – $5.12M
NOI $307,400 @ 7.0% cap · market cap 1,617,894.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
10,188 visits/mo
0.4 miles
Dollar General
Shops & Services
4,283 visits/mo
0.4 miles
Newburyport Bank
Shops & Services
2,159 visits/mo
0.1 miles
Demographics for 01913, MA
17,366
Population
7,827
Households
2.2
Avg Household Size
44
Median Age
43%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
1,412
Density / Sq Mi
$100,599
Median Household Income
$60,627
Median Earnings
$1,573
Median Rent
$475,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Theater & concert hall - A commercial kitchen, large assembly rooms, offices, and storage support a range of performance and event configurations.
Where is this theater & concert hall located?
The property is located at 115 Main Street #A Amesbury, MA.
What are key features of this property?
This property features: 7,418‑square‑foot theater property with large assembly and performance rooms; First‑floor commercial kitchen with stainless‑steel prep areas, cooking equipment, and ventilation; Offices, support areas, restrooms, and a serving area on the first floor
