Retail Space with
For Sale
Contact for pricing
130 Merrimack St, Methuen, MA 01844
Vanilla-box delivery offers flexible retail, office, or medical-use configuration with parking and highway access.
Property Size2,560 SF
Price / SF$0.01
Days on Market223
Property Features for 130 Merrimack St
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Commercial
Zoning
BH
Lease Type
Net
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
No
Office Units
1
Taxes and HOA fees
Annual Taxes
$8,590
Building Details
Year Built
1950
Buildings
1
Building Size
2,560 SF
Tenancy
Single
Listing Agency:
Land and Sea Real Estate, Inc.
(978) 475-0000
Listed By:
Land and Sea Real Estate
(978) 423-4730
Source:
Churchillprop
Added: Mar 23
Changed: Oct 31
Last Checked: Oct 30 at 12:42PM
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 Land and Sea Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This single-tenant retail space is expected to be delivered by this summer in a vanilla-box condition. The property includes 1,920 sq ft on the first floor plus an additional 640 sq ft mezzanine, creating a flexible commercial layout for retail, office, or medical use. Parking is available on site.
Located at 130 Merrimack St. in Methuen, the property offers access from I-495 and frontage and visibility on MA 110, also known as Merrimack St.
Located at 130 Merrimack St. in Methuen, the property offers access from I-495 and frontage and visibility on MA 110, also known as Merrimack St.
Key Highlights
- 1,920 sq ft first floor with an additional 640 sq ft mezzanine
- Single‑tenant building expected to be delivered by this summer
- Vanilla‑box delivery condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,062
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,240
$841.2K
Cap Rate 7%
$600,886
$600.9K
Cap Rate 9%
$467,356
$467.4K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$61.4K $24.00/SF
− Vacancy
−$1.4K −$0.53/SF
EGI
$60.1K $23.47/SF
− OpEx
−$18.0K −$7.04/SF
NOI
$42.1K $16.43/SF
Area
Essex County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,240
Cap Rate 7%
$600,886
Cap Rate 9%
$467,356
Alternative Uses
Best Use
Office B
$1.02M
$891.9K – $1.19M
NOI $71,355 @ 7.0% cap · market cap 254,839.29%
Second Best
Healthcare Medical
$674.6K
$590.3K – $787.1K
NOI $47,223 @ 7.0% cap · market cap 168,653.57%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,086 @ 7.0% cap · market cap 378,878.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
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Business Placement
Demographics for 01844, MA
52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Vanilla-box delivery offers flexible retail, office, or medical-use configuration with parking and highway access.
Where is this retail space located?
The property is located at 130 Merrimack St Methuen, MA.
What are key features of this property?
This property features: 1,920 sq ft first floor with an additional 640 sq ft mezzanine; Single‑tenant building expected to be delivered by this summer; Vanilla‑box delivery condition
