58 Macy St Amesbury, MA 01913
- Office Properties & Spaces
- 2,138 SF
Current Use by Public Records
- Rockingham Electrical Supply / Electrical Supply Store
- Sweat Fixx Amesbury / Fitness Center / Physical Fitness Program
- New England Cleaners / Dry Cleaner
- Superior Security & AV Supply / Security System Supplier
- Rock Church North Shore / United Methodist Church / Church
Property Details for 58 Macy St
- Year built
- 1985
- Construction
- FRAME
- Property size
- 2,138 SF
- Zone code
- C
- Property type
- Office Properties & Spaces
- APN
- AMES M:78 B:0001.E
- APU
- AMESM78B0001E
Description
This exceptional 17,724 square foot shopping center in Amesbury, MA, presents a compelling investment opportunity. Located on a 4.31-acre lot at 58 Macy Street, this single-story, 1985-built property boasts ten units and is situated on busy Route 110, offering unparalleled visibility and convenient access to I-495 and I-95. The property benefits from strong, established service-oriented tenants with long-term leases, ensuring stable rental income. The permitted commercial zoning allows for a diverse range of uses, including retail, office, restaurant, barber shop, private daycare/kindergarten, and veterinary hospital, providing flexibility for future growth and tenant diversification. Its location just over a mile from downtown Amesbury, a vibrant area known for its restaurants, boutiques, and breweries, further enhances its appeal. The asking price is $1,750,000. This prime location on a growing commercial corridor makes this a truly exceptional investment opportunity. The property's strategic location and flexible zoning provide significant upside potential for long-term growth and return. This is a rare opportunity to acquire a well-established, multi-tenant property with a proven track record of success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amesbury
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9228
- Latitude
- 42.8469
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA