224 East St Methuen, MA 01844
- Retail properties
- 1.85 lot acres
Current Use by Public Records
- Jas Landscaping & Grounds / Landscaper / Landscape Designer
- Elixir Hookah Lounge Methuen / Restaurant / Bar
- Merrimac Marine Supply / Boat Dealer
- Xpress Car & Truck Rental / Car Rental Agency
- Kalil property maintenance / Property Maintenance
Property Details for 224 East St
- Year built
- 1970
- Lot size
- 1.85 lot acres
- Property type
- Retail properties
- Property subtype
- Freestanding property
Description
This exceptional 5,878-square-foot freestanding retail building is available for lease at 224 East Street in Methuen, Massachusetts. Situated on a 1.85-acre lot in Essex County, this single-tenant property boasts ample parking with 15 spaces. Constructed in 1970, the building is a single-story structure offering significant flexibility for a variety of retail uses. Currently occupied by Merrimac Marine, the property's Highway Business zoning allows for diverse adaptations, including automotive repair, winter sports-related businesses, or complete renovation for other retail ventures. The property's size and zoning provide a unique opportunity for businesses seeking a prominent location with high visibility. The property identification number (APN) is METH-001014-000108-000106B. This is a prime opportunity to establish or expand your business in a thriving community. The building's single-tenant occupancy ensures ease of management and control. The expansive lot size offers potential for future expansion or outdoor display areas. This property presents a compelling investment opportunity for businesses seeking a well-located, versatile retail space in Methuen, MA.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Methuen
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.1409
- Latitude
- 42.7272