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2 Charles St, Methuen, MA, 01844
Mixed-Use Building with Retail Units

2 Charles St Methuen, MA 01844

For Sale
Contact for pricing
Pending

Existing retail units are in place alongside approved plans for four residential units, including one affordable unit.

Days on Market106

Property Features for 2 Charles St

General Information

Standard status
Pending
Property subtype
Special Purpose, Retail
Listing Agency: CENTURY 21 North East
Listed By: Michelle Fermin · License #9010875
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 24 at 9:42AM

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 CENTURY 21 North East


Investment Insights

Based on property information with market context.

This mixed-use building includes three existing commercial units and is approved for four residential units to be built out. One of the current commercial units is already rented for $1,600 per month. The seller has blueprints/plans and estimated build-out costs for the residential component.

Plans call for larger residential units, an elevator, and off-street parking. Of the approved residential units, one is designated as part of the affordable housing program, with monthly rent set at $1,491 and allocated through a lottery for income-eligible households.

The property is located in downtown Methuen at 2 Charles St.

Key Highlights

  • Mixed‑use commercial and residential building in Downtown Methuen with approved plans for 4 residential units
  • Three existing commercial units, including one rented at $1,600 per month
  • Seller has blueprints/plans and estimated build‑out costs for the residential units

Property Analytics

Location Intelligence

Current Use by Public Records

High-Tech Electronics Electronics & Wireless Store

Suggested Use

Parking Lot & Garage Locksmith Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant

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

FAQs

What type of property is this?
Mixed-use property - Existing retail units are in place alongside approved plans for four residential units, including one affordable unit.
Where is this mixed-use property located?
The property is located at 2 Charles St Methuen, MA.
What are key features of this property?
This property features: Mixed‑use commercial and residential building in Downtown Methuen with approved plans for 4 residential units; Three existing commercial units, including one rented at $1,600 per month; Seller has blueprints/plans and estimated build‑out costs for the residential units
More about this property
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