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    145 Main St Amesbury, MA 01913

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    145 Main St Amesbury, MA 01913

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    • Office buildings
    • 8,205 SF
    For Sale
    $1,250,000
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    Iconic Amesbury Property For Sale For Sale
    $1,250,000
    8,205 SF

    Iconic Amesbury Property For Sale

    Iconic 8,200 SF property on 1.06 acres in downtown Amesbury.

    145 Main St, Amesbury, MA 1913
    View Listing
    Property ID
    US38-1280376
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Main Street Congregational Church / Church
    • Amesbury Duplicate Bridge Club / Bridge Club / Entertainment
    • The Step Up Thrift Shop / Discount Store

    Property Details for 145 Main St

    Year built
    1850
    Property size
    8,205 SF
    Property type
    Office buildings
    Property subtype
    Retail space

    Description

    This is a spectacular opportunity to acquire one of Amesbury's most iconic properties. The Parish House, situated between the Main Street Congregational Church and the Amesbury Library is being offered for sale. Significant architectural details abound throughout this magnificent jewel. The property, set on 1.06 acres in the CB Zone in the heart of downtown Amesbury, was built in 1850 and offers 8,200 square feet of space including the unfinished third floor, and another 3,070sf in the basement. There are many possibilities for redevelopment, including event center, multifamily, condominiums, assisted living, sober house, office, retail, & more. The sale of the property would be subject to negotiating a lot line adjustment to separate the thrift store building, land, and some parking from the sale. Prospective buyers are advised to perform due diligence in all aspects of a contemplated acquisition.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Amesbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9327406
    Latitude
    42.8558307

    Comparable in this City

    • $1,250,000

      Iconic Amesbury Parish House Opportunity

      Historic 8,200 SF property on 1.06 acres for redevelopment.
      145 Main St, Amesbury, MA 01913
      View Details
    • Contact for pricing

      Iconic Amesbury Parish House Opportunity

      Historic 8,200 SF property on 1.06 acres for sale.
      145 Main St, Amesbury, MA 01913
      View Details
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      Mixed-Use Property with Condo

      Mixed-use property featuring commercial office and residential condo unit.
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      Downtown Amesbury Commercial Space

      1,280 SF commercial space in downtown Amesbury.
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      Downtown Amesbury Commercial Space

      Remodeled 1,280 SF space suitable for retail or office.
      57 Main St, Amesbury, MA 01913
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      Amesbury Commercial Flex Space

      Commercial flex space in desirable location near downtown Amesbury.
      46 Elm St, Amesbury, MA 01913
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    Similar Nearby for Sale

    • $1,250,000

      Iconic Amesbury Parish House Opportunity

      Historic 8,200 SF property on 1.06 acres for redevelopment.
      145 Main St, Amesbury, MA 01913
      View Details
    • Contact for pricing

      Iconic Amesbury Parish House Opportunity

      Historic 8,200 SF property on 1.06 acres for sale.
      145 Main St, Amesbury, MA 01913
      View Details
    • Contact for pricing

      Mixed-Use Property with Condo

      Mixed-use property featuring commercial office and residential condo unit.
      40 Main St, Amesbury, MA 01913
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      Downtown Amesbury Commercial Space

      1,280 SF commercial space in downtown Amesbury.
      57 Main St, Amesbury, MA 01913
      View Details
    • Contact for pricing

      Downtown Amesbury Commercial Space

      Remodeled 1,280 SF space suitable for retail or office.
      57 Main St, Amesbury, MA 01913
      View Details
    • Contact for pricing

      Amesbury Commercial Flex Space

      Commercial flex space in desirable location near downtown Amesbury.
      46 Elm St, Amesbury, MA 01913
      View Details

    Similar Nearby for Lease

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      New Retail or Office Space

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      Amesbury Retail or Office Space

      New retail or office space under construction in Amesbury.
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    • $1.00 SF/Yr
      2,000 SF

      New Retail/Office Space Available

      New retail or office space under construction in Amesbury, MA.
      41 2Nd St, Amesbury, MA 01913
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      New Retail/Office Space Available

      New retail or office space under construction in Amesbury.
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      New Retail/Office Space Available

      New retail or office space under construction in Amesbury.
      41 2Nd St, Amesbury, MA 01913
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    • Contact for pricing

      Amesbury Commercial Flex Space

      Commercial flex space in desirable location near downtown Amesbury.
      46 Elm St, Amesbury, MA 01913
      View Details
    View Listing
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    Amesbury, MA 01913
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    145 Main St, Amesbury, MA, 01913

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