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    145 Main St Amesbury, MA 01913

    Sponsored
    For Sale
    $1,400,000

    Historic Amesbury building, 8,205 sq ft, redevelopment potential.

    Property size:
    8,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic three-story building, situated on a 1.06-acre lot in downtown Amesbury, Massachusetts (01913), presents a unique investment opportunity. Built in 1850, this 8,205 square foot mixed-use property boasts significant architectural details and is zoned CB. Currently configured as an apartment building, creative office space, and storefront, it offers considerable flexibility for redevelopment. Potential uses include an event center, multifamily residential (condominiums or assisted living), sober house, office space, or retail. The property includes eight parking spaces per unit. The basement offers an additional 3,070 square feet of unfinished space. The sale price is $1,400,000 ($170.63/sq ft). Note that the sale is subject to a lot line adjustment to separate an adjacent thrift store building, land, and some parking. Prospective buyers are encouraged to conduct thorough due diligence.

    Property Features for 145 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,205 SF
    Lot Size
    46,174 SF

    Building Details

    Year Built
    1850
    Buildings
    1
    Stories
    3
    Units
    1

    HighLights

    • Iconic three‑story building in downtown Amesbury, MA (01913).
    • 8,205 SF mixed‑use building on a 1.06‑acre lot, zoned CB.
    • Currently configured as apartments, office space, and retail; redevelopment potential includes event center, multifamily, or sober house.
    • Features 8 parking spaces per unit and 3,070 SF of unfinished basement space.
    • $1,400,000 sale price ($170.63/SF); lot line adjustment pending.
    Property Profile Location Intelligence

    Current Use by Public Records

    Main Street Congregational ... Church Amesbury Duplicate Bridge ... Bridge Club The Step Up Thrift ... Thrift Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Amesbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9427914
    Latitude
    42.8525821

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    FAQs

    What type of property is this?
    Individual retail property - Historic Amesbury building, 8,205 sq ft, redevelopment potential.
    Where is this individual retail property located?
    The property is located at 145 Main St Amesbury, MA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Iconic three-story building in downtown Amesbury, MA (01913).; 8,205 SF mixed-use building on a 1.06-acre lot, zoned CB.; Currently configured as apartments, office space, and retail; redevelopment potential includes event center, multifamily, or sober house.
    Request Owner's contact information
    145 Main St Amesbury, MA 01913
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    Amesbury, MA 01913
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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
    145 Main St Amesbury, MA 01913
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