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    38-40 Market 1 Amesbury, MA 01913

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    For Sale
    $550,000

    Downtown Amesbury property with retail and office space for sale.

    Lot size:
    0.14 Acres

    Property Features for 38-40 Market 1

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1910

    Source: Keller Williams Realty Evolution Agent NECA Group

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

    Overview

    Amesbury Mixed-Use Investment Opportunity

    Located in downtown Amesbury, this property presents an opportunity for developers and investors. The existing building includes 1,500 square feet of leased retail/restaurant space and 2,500 square feet of vacant office space. Recent renovations to the office space include the addition of two bathrooms, a kitchen, new carpet, walls, and ceilings. The office unit is move-in ready. The restaurant has an expiring lease. The property has the potential to expand upwards and develop residential units. This property is suitable for an end-user looking to move their business or an investor seeking to expand their portfolio. The property is available for sale or lease.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Amesbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9439
    Latitude
    42.8537

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    FAQs

    What type of property is this?
    Retail space - Downtown Amesbury property with retail and office space for sale.
    Where is this retail space located?
    The property is located at 38-40 Market 1 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.; - Mix of leased retail/restaurant space (1500 SF) and vacant, renovated office space (2500 SF).; - **Recently renovated 2500 SF office space is move-in ready with two bathrooms, kitchens, carpet, walls, and ceiling.**
    (978) 852-3936
    Request Owner's contact information
    38-40 Market 1 Amesbury, MA 01913
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    Amesbury, MA 01913
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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
    38-40 Market 1 Amesbury, MA 01913
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