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    OFF-MARKET
    Commercial real estate

    Market 1, Amesbury, MA 01913

    0.14 ac lot Built 1910
    Property ID
    Property summary
    AI-generated overview

    This exceptional Amesbury, MA property presents a compelling investment or development opportunity. Located in the heart of downtown, the 0.14-acre lot features a 1,500 square foot retail/restaurant space currently under lease, and a fully renovated 2,500 square foot vacant office space. The office space boasts recent upgrades including two new bathrooms, updated kitchens, fresh carpeting, and complete wall and ceiling renovations, making it immediately available for occupancy. The existing retail space is on an expiring lease, providing significant flexibility for the new owner. This property's prime downtown location offers substantial potential for vertical expansion and the development of residential units, catering to the growing demand for housing in the area. The combination of existing income-generating space and significant development potential makes this a truly unique opportunity for both end-users seeking to establish or expand their business and investors looking to add a high-return asset to their portfolio. The property is available for both sale and lease, offering a range of options to suit diverse investment strategies. This is a rare chance to acquire a versatile property in a thriving downtown location with significant upside potential. Don't miss this chance to capitalize on the growth and profitability this property offers.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1910
    Lot 0.14 ac (6,098 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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