Mixed-Use Building with Office
New
For Sale
$550,000
38-40 Market #1, Amesbury, MA 01913
Updated office accommodations accompany a leased retail/restaurant unit in this mixed-use property.
Property Size4,181 SF
Price / SF$131.55
Days on Market6
Property Features for 38-40 Market #1
General Information
Standard status
Active
Size
4,181 SF
Property subtype
Commercial
Zoning
CB, Legal Conforming
Additional Details
Mixed-Use Components
retail, office
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,536
Building Details
Building Size
4,181 SF
Year Built
1910
Listing Agency:
Keller Williams Realty Evolution
(978) 992-4050
Listed By:
Neca Group
(978) 852-3936
Source:
Condonrealty
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 4:16PM
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
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Investment Insights
Based on property information with market context.
This mixed-use building contains a 1,500-square-foot retail/restaurant unit under lease and 2,500 square feet of vacant office space. The office area has been renovated with two bathrooms, kitchens, carpeting, and updated walls and ceilings. The property dates to 1910 and is zoned CB, Legal Conforming.
The restaurant lease is approaching expiration, while the office area is vacant. The two components provide distinct commercial spaces within one property.
The restaurant lease is approaching expiration, while the office area is vacant. The two components provide distinct commercial spaces within one property.
Key Highlights
- 2,500 SF of vacant office space, renovated with two bathrooms, kitchens, carpet, walls, and ceilings
- 1,500 SF retail/restaurant unit currently leased
- Zoning: CB, Legal Conforming
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
10,188 visits/mo
0.4 miles
Newburyport Bank
Shops & Services
2,159 visits/mo
0.2 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated office accommodations accompany a leased retail/restaurant unit in this mixed-use property.
Where is this mixed-use property 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: 2,500 SF of vacant office space, renovated with two bathrooms, kitchens, carpet, walls, and ceilings; 1,500 SF retail/restaurant unit currently leased; Zoning: CB, Legal Conforming
