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    436 Broadway Methuen, MA 01844

    For Lease
    Contact for pricing

    Prime Methuen storefront, 2,200 sq ft

    Lot size:
    92,646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 2,200 square foot storefront is part of the Village Mall, a 92,646 square foot shopping center in Methuen, MA. Located at 436 Broadway, this property benefits from high visibility and accessibility, situated at a fully-lighted intersection with over 50,000 vehicles passing daily. The intersection is conveniently located at Routes 28, 93, and 213, placing the property in a heavily trafficked retail corridor bordering Salem, New Hampshire's main shopping district. The Village Mall features a diverse tenant mix, including established businesses like Jo-Ann Fabrics, Ellie's Farmhouse Restaurant, and Dollar Tree. This location offers excellent proximity to other major retailers such as Texas Roadhouse, the Mall at Rockingham Park, Tuscan Village Development, Lowe's, Home Depot, Market Basket, Best Buy, and Target. The property includes ample parking with 464 spaces available. The landlord offers a fully permitted 2,200 square foot pad site with a drive-thru option, built in 1982 on a 10.22-acre lot. This space presents a unique opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail environment. The minimum divisible space is 2,200 square feet, with a maximum contiguous space also at 2,200 square feet.

    Property Features for 436 Broadway

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    92,646 SF

    Building Details

    Year Built
    1982

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,200 SF

    HighLights

    • 94,000+/- SF shopping center.
    • Strong tenant mix including national and regional anchors.
    • High‑traffic location at the intersection of Routes 28, 213, and I‑93, exceeding 50,000 VPD.
    • Excellent visibility and accessibility.
    • Prime location adjacent to Salem, NH's main shopping district and major retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ellie’s Farmhouse Restaurant Niraja Patel Dentist Blush Salon & Spa Hair Salon Amazing Family Dental Dental Clinic ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1958501
    Latitude
    42.7366453

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    FAQs

    What type of property is this?
    Individual retail property - Prime Methuen storefront, 2,200 sq ft
    Where is this individual retail property located?
    The property is located at 436 Broadway Methuen, MA.
    What are key features of this property?
    This property features: 94,000+/- SF shopping center.; Strong tenant mix including national and regional anchors.; High-traffic location at the intersection of Routes 28, 213, and I-93, exceeding 50,000 VPD.
    Request Owner's contact information
    436 Broadway Methuen, MA 01844
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    Methuen, MA 01844
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    436 Broadway Methuen, MA 01844
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