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Remodeled Second-Floor Office Unit
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45 Main St # 10, Amesbury, MA 01913

Private office suite with bay windows and views across Market Square and surrounding downtown streets.

Property Size800 SF
Price / SF$2.50
Days on Market54

Property Features for 45 Main St # 10

General Information

Standard status Active
Size 800 SF
Property subtype Commercial
Zoning CB

Additional Details

Floor 2

Taxes and HOA fees

Annual Taxes $7,710

Amenities

Views

Building Details

Year Built 1895
Listing Agency: Keller Williams Realty
Listed By: Faulkner Commercial Group
Source: Churchillprop
Added: Sep 9 Changed: Oct 31 Last Checked: Oct 30 at 12:37PM

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

Rey
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Investment Insights

Based on property information with market context.

Suite 10 is a recently remodeled private office on the second floor of the Fuller Building, a commercial property dating to 1895. The approximately 800 sf space includes large bay windows that bring natural light into the office and frame views toward Market Square, Main St, and Friend St.

The property stands at the corner of Main St and Friend St in downtown Amesbury, directly overlooking Market Square. The office is identified within the CB zoning district and offers a dedicated setting for professional use in a recognizable historic building.

Key Highlights

  • 800 sf+/- second‑floor private office
  • Recently remodeled interior
  • Large bay windows with natural light

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,298
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,960 $446.0K
Cap Rate 7%
$318,543 $318.5K
Cap Rate 9%
$247,756 $247.8K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$36.5K $45.60/SF
− Vacancy
−$6.7K −$8.44/SF
EGI
$29.7K $37.16/SF
− OpEx
−$7.4K −$9.29/SF
NOI
$22.3K $27.87/SF
Area
Essex County, MA
Vacancy
18.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,960
Cap Rate 7%
$318,543
Cap Rate 9%
$247,756

Alternative Uses

Best Use
Office B
$318.5K
$278.7K – $371.6K (±1% cap)
NOI $22,298 @ 7.0% cap · market cap 1,114.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.6K
$414.4K – $552.5K (±1% cap)
NOI $33,152 @ 7.0% cap · market cap 1,657.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hempire: CBD Retail Department Store

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Barber Shop Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

893
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - Private office suite with bay windows and views across Market Square and surrounding downtown streets.
Where is this office unit located?
The property is located at 45 Main St # 10 Amesbury, MA.
What are key features of this property?
This property features: 800 sf+/- second‑floor private office; Recently remodeled interior; Large bay windows with natural light
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Includes: Price & PSF · Cap rate · Location · Zoning

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