Mixed-Use Building with
For Sale
$825,000
7-17 School St, Merrimac, MA 01860
Fully rented mixed-use property with separately metered residential and commercial spaces in a village-center setting.
Property Size5,459 SF
Price / SF$151.13
Days on Market181
Property Features for 7-17 School St
General Information
Standard status
Active
Size
5,459 SF
Property subtype
Commercial
Zoning
VC
Occupancy
100%
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$5,289
Building Details
Building Size
5,459 SF
Year Built
1890
Tenancy
Multi
Listing Agency:
Boston Hub Real Estate
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Mar 2
Changed: Aug 30
Last Checked: Aug 30 at 1:36PM
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 Boston Hub Real Estate
Investment Insights
Based on property information with market context.
Built in 1890, this mixed-use building combines three residential apartments with three commercial spaces at street level. The residential and commercial areas are fully rented to long-term tenants at will, and each unit has separate utility metering. The property is zoned VC, a designation described as allowing relatively few restrictions on potential uses.
Located at 7-17 School St in Merrimac, the building sits within the village center and is approximately 1 mile from Hwy 495, providing access to points north and south. Parking is available along the street and in an adjacent lot. Merrimac is served by the Pentucket School District, which recently completed a new high school.
Located at 7-17 School St in Merrimac, the building sits within the village center and is approximately 1 mile from Hwy 495, providing access to points north and south. Parking is available along the street and in an adjacent lot. Merrimac is served by the Pentucket School District, which recently completed a new high school.
Key Highlights
- Three residential apartments plus three street‑level commercial spaces
- Fully rented to long‑term tenants at will
- Separate utility meters serve each unit
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Explore this area
Business Placement
Demographics for 01860, MA
6,723
Population
2,851
Households
2.4
Avg Household Size
47
Median Age
37%
College-Educated
95%
High-School Grad
8.5 sq mi
ZIP Area
791
Density / Sq Mi
$116,477
Median Household Income
$60,643
Median Earnings
$1,236
Median Rent
$531,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully rented mixed-use property with separately metered residential and commercial spaces in a village-center setting.
Where is this mixed-use property located?
The property is located at 7-17 School St Merrimac, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three residential apartments plus three street‑level commercial spaces; Fully rented to long‑term tenants at will; Separate utility meters serve each unit
