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    12 Baldwin St Methuen, MA 01844-1600
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    Property profile & analytics

    12 Baldwin St Methuen, MA 01844-1600


    • Office buildings
    • 6,145 SF
    • 0.57 lot acres
    Off-Market
    Last Sale Feb 20, 2024
    $1
    Property ID
    US38-1076179
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $870,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Yellow Lilly Day Spa / Alternative Medicine Practice / Spa & Massage Center
    • Avanti Home Health Care / Home Health Care Service
    • L'Eglise Combattante De La Nouvelle Generation / Church
    • Lavender Spa / Alternative Medicine Practice / Spa & Massage Center
    • Nightlife Hair Studio / Hair Salon

    Property Details for 12 Baldwin St

    Year built
    1987
    Construction
    FRAME
    Lot size
    0.57 lot acres
    Property size
    6,145 SF
    Zone code
    BH
    Property type
    Office buildings
    APN
    METH M:00512 B:00124 L:00033
    APU
    METHM00512B00124L00033

    Description

    This exceptional commercial property at 12 Baldwin Street in Methuen, MA, offers a diverse range of leasing opportunities. The 14,290 square foot building, constructed in 1987, sits on a 0.57-acre lot and boasts 30 parking spaces, ensuring convenient access for tenants and clients. The property features a mix of retail, office, and medical office spaces, suitable for a variety of businesses. Currently, there is approximately 12,290 square feet of vacant space available for lease. The building is comprised of eight units, with units 1-3 located on the second floor and units 4-8 on the first floor. First-floor units benefit from private restrooms, while the second-floor units share three common restrooms. Several units offer additional features such as existing plumbing infrastructure, multiple door access points, and large open areas ideal for retail or reception spaces. Prime first-floor corner units provide excellent street visibility and ample signage opportunities. Unit 1, a first-floor corner unit, features approximately 2,000 square feet, two renovated restrooms, a large reception area, and a rear area suitable for a conference room or private office. Unit 5, a 600+ square foot storefront-style unit, is also available and features a private restroom, a rear closet, and an additional sink. Unit 5 can be combined with Unit 4 to create a larger 1,200 square foot space. The property's location in Methuen, MA, offers excellent visibility and accessibility, making it an ideal investment opportunity. The APN numbers are 51212433 and 2038861.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $908,000
      Market price range: $678k - $1.34M
      AI Estimate
      $834,000
      Market price range: $507k - $1.43M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,040,000
      Current use
      RETAIL STORES
      $1,365,000
      Change: +31% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,125,000
      Change: +8% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,005,000
      Change: -3% Conversion: Difficult
      WAREHOUSE, STORAGE
      $865,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.2069
    Latitude
    42.7299
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $14,805
    $325,300
    $379,700
    $705,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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