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    Industrial Facility in Salisbury/Amesbury Title is generated by Realmo AI

    60 Merrill St, Amesbury, MA

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    26,692 SF industrial facility on 2.76 acres for sale.

    Type:INDUSTRIAL
    Property size:
    26,692 SF
    Lot size:
    1.49 Acres
    Price / SF:
    $168/SF
    Added:
    Nov 13, 2025
    Days on Market:
    235
    Last Refresh:
    May 19 at 10:53 pm

    Property Features for 60 Merrill St

    General Information

    Standard status
    Active
    Size
    26,692 SF
    Lot size
    1.49 Acres
    Property subtype
    INDUSTRIAL

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    Chris Everest
    Chris Everest

    Listing office Nordlund Associates

    Listing date Nov 13, 2025

    Source Moodyscre

    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 Nordlund Associates

    HighLights

    • Clear span warehouse/manufacturing space.
    • 17‑21’ under joist height.
    • Located on 2.76 +/- acres.
    • 3‑Phase power (600 amps/480).
    • Features 2 Loading docks and 1 oversized grade‑level door.
    • Permitted paint/spray booth.

    Overview

    Located in Salisbury/Amesbury, Massachusetts, the property at 12 & 60 Merrill Street features a 26,692 square foot single-story industrial facility situated on approximately 2.76 acres. Originally constructed in 1962, the building has undergone several renovations, previously serving as a bowling alley, ice hockey arena, and roller skating facility. In 1984, it was converted into an office and manufacturing space and has since been occupied by an architectural millwork company. The warehouse/manufacturing space offers a clear span layout without columns and provides 17 to 21 feet of clearance under the joists. It includes two loading docks, one oversized grade-level door, a permitted paint/spray booth, and 3-phase power with 600 amps at 480 volts.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $429.2k $16.08
    − Vacancy −$23.6k −$0.88
    EGI $405.6k $15.20
    − OpEx −$60.8k −$2.28
    NOI $344.8k $12.92
    26,692 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $4.93M
    $4.31M – $5.75M (±1% cap)
    NOI $344,761 @ 7.0% cap · market cap 7.67%
    Second Best
    Industrial
    $4.06M
    $3.55M – $4.73M (±1% cap)
    NOI $283,921 @ 7.0% cap · market cap 6.32%
    Theoretical Best
    Office A
    $15.80M
    $13.83M – $18.44M (±1% cap)
    NOI $1,106,110 @ 7.0% cap · market cap 24.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Real Estate Agency Law Firm Building Supply Dental Office Hair Salon Pharmacy Restaurant Accounting Firm Grocery & Convenience Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Amesbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9016
    Latitude
    42.8433

    FAQs

    What type of property is this?
    Manufacturing property - 26,692 SF industrial facility on 2.76 acres for sale.
    Where is this manufacturing property located?
    The property is located at 60 Merrill St Amesbury, MA.
    What is the asking price?
    The asking price for this property is $4,495,000.
    What are key features of this property?
    This property features: Clear span warehouse/manufacturing space.; 17‑21’ under joist height.; Located on 2.76 +/- acres.
    (978) 762-0500 Call to check price and availability
    More about this property
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