Property profile

137 Pelham St Methuen, MA 01844

OFF-MARKET
Turn key restaurants
Property ID
US38-1845151
2,010 SF 0.4 ac lot Built 2012
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2012
Construction FRAME
Total area 2,010 SF
Lot 0.4 ac (17,337 SF)
Zoning code BH
APN METH M:00512 B:00124 L:00038
UPID US38-1845151

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

137 Pelham St Methuen, MA 01844-2060
Methuen metro Census 252300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2004
4 recorded transactions
2024
Price N/A
2012
Price N/A
2004
$350,000
1990
$18,370

Zoning & alternative use

BH · Methuen, MA
Zoning description

B. Applicability. An application for a Billboard Special Permit shall be allowed in the BH and IL Zoning districts. C. Applications. Billboards require a special permit, as set forth in this Section XI. The special permi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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