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Methuen Historic District Land Opportunity

281 Broadway Methuen, MA 01844

281 Broadway, Methuen, MA, 01844
$750,000
For Sale
$750,000

Half acre in historic district near I-93 and New Hampshire.

Lot Size0.50 Acres
Days on Market137

Property Features for 281 Broadway

General Information

Standard status
Active
Lot size
0.50 Acres
Property subtype
Land
Listing agency Coldwell Banker Realty - Belmont
Listed by Kamel Alhady
Source Stevebremis
Added: Mar 6 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 8:24AM

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 Coldwell Banker Realty - Belmont


Investment Insights

Based on property information with market context.

This approximate half-acre property is located in the historic district of Methuen, Massachusetts, at the corner of Broadway (Route 28) and Pleasant Street, near I-93 and Route 213, and close to the New Hampshire border. The property is situated within the Central Business District (CBD), which, according to the official zoning map, allows for a mix of retail, service, office, and residential uses, promoting diversity. The 40R Zoning ordinance allows 30 units per acre, potentially allowing 15 units on this half-acre parcel. Ground-floor nonresidential dimensional regulations permit up to 4 stories and 45 feet in height by right. The property features approximately 170 feet of frontage on Broadway and 75 feet on Pleasant Street. Subject to city approval, the site presents numerous development opportunities.

Key Highlights

  • Prime location in the Central Business District (CBD) of historic Methuen.
  • Mixed‑use zoning allows for retail, service, office, and residential development.
  • Close proximity to I‑93, Rt 213, and the New Hampshire border.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

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

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

FAQs

What type of property is this?
Commercial land - Half acre in historic district near I-93 and New Hampshire.
Where is this commercial land located?
The property is located at 281 Broadway Methuen, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime location in the Central Business District (CBD) of historic Methuen.; Mixed‑use zoning allows for retail, service, office, and residential development.; Close proximity to I‑93, Rt 213, and the New Hampshire border.
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