Market 1 Amesbury, MA 01913

Property Details for Market 1

Year built

1910

Lot size

0.14 lot acres

Property type

Commercial real estate

Description

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.

Location Insight

City

Amesbury

County

Essex

State

Massachusetts

Longitude

-70.9192

Latitude

42.8621