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    149 Merrimack St Methuen, MA 01844

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    For Sale
    $649,500

    Mixed-use building in high-traffic location with parking and rental income.

    Lot size:
    0.24 Acres

    Property Features for 149 Merrimack St

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1900

    Source: Berkshire Hathaway HomeServices Verani Realty Agent Patricia Burke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Mixed-Use Building

    Located in Methuen, Massachusetts, this mixed-use building benefits from a high-traffic location approximately 1 mile from Route 495 and Route 213. The property features an open floor plan, two garage stalls, and ample parking. Large picture windows provide display space and natural light. A fully permitted rental apartment offers an additional income stream or potential for owner occupancy. This turnkey property presents opportunities for a new venture or as an addition to an investment portfolio.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1358225
    Latitude
    42.7326875

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in high-traffic location with parking and rental income.
    Where is this mixed-use property located?
    The property is located at 149 Merrimack St Methuen, MA.
    What is the asking price?
    The asking price for this property is $649,500.
    What are key features of this property?
    This property features: - High-traffic location in sought-after Methuen, MA.; - Proximity to Rt. 495 and Rt. 213 (1 mile).; - Mixed-use building with permitted rental apartment for additional income or owner occupancy.
    (978) 807-6371
    Request Owner's contact information
    149 Merrimack St Methuen, MA 01844
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    Methuen, MA 01844
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    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
    149 Merrimack St Methuen, MA 01844
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