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Amesbury Mixed-Use Investment Opportunity
For Sale
$550,000

38-40 Market 1, Amesbury, MA 01913

Downtown Amesbury property with retail and office space for sale.

Property Size4,181 SF
Lot Size0.14 Acres
Days on Market266

Property Features for 38-40 Market 1

General Information

Standard status Active
Size 4,181 SF
Lot size 0.14 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,536

Building Details

Building Size 4,181 SF
Year Built 1910
Listing Agency: Keller Williams Realty Evolution
Listed By: NECA Group · License #452001527
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 10 Last Checked: Aug 20 at 12:06PM

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 Keller Williams Realty Evolution

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.**

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 01913, MA

17,366
Population
7,827
Households
2.2
Avg Household Size
44
Median Age
43%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
1,412
Density / Sq Mi
$100,599
Median Household Income
$60,627
Median Earnings
$1,573
Median Rent
$475,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

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.**
More about this property
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