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    OFF-MARKET Estimated value $590,000
    Turn key restaurants

    2 Macy St, Amesbury, MA 01913-3707

    612 SF 0.31 ac lot Built 1920
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US38-0886518
    Property summary
    AI-generated overview

    This exceptional retail property, located at 2 Macy Street in Amesbury, Massachusetts, presents a unique investment opportunity. Situated on a sizable 1.8-acre lot, this single-tenant building offers significant potential for a variety of commercial uses. The property's address is 2 Macy Street, conveniently located in Essex County, with easy access to Main Street. The property type is classified as Street Retail, ideal for businesses seeking high visibility and foot traffic. While the exact square footage of the building is currently unavailable, the expansive lot size provides ample room for expansion or outdoor amenities. This property is offered for lease and represents a rare chance to establish a thriving business in a desirable Amesbury location. The property's zip code is 01913. Its geographic coordinates are latitude 42.8476522 and longitude -70.9295904. This is a single-tenant property, offering a streamlined and efficient business environment. The property is categorized as commercial real estate. Serious inquiries are encouraged to explore the possibilities this prime location offers. The property is located in Amesbury, MA.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1920
    Construction FRAME
    Total area 612 SF
    Lot 0.31 ac (13,521 SF)
    Zoning code C
    APN AMES M:77 B:0089
    UPID US38-0886518
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Auto Plus Car Dealership
    • Naples Pizzeria Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $600k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $590k
    Owner & transaction history
    2 Macy St LLC · 2 yrs held
    2 Macy St LLC
    since 2023
    Last sale
    $590,000
    4 recorded transactions
    2023
    $670,000
    2021
    2021
    $590,000
    2010
    Zoning & alternative use
    C · Amesbury, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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