2 Macy St Amesbury, MA 01913-3707
- Turn key restaurants
- 612 SF
- 0.31 lot acres
Current Use by Public Records
- Auto Plus / Used Car Dealer / Car Dealer
- Naples Pizzeria / Pizza Restaurant / Pizza Delivery
Property Details for 2 Macy St
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.31 lot acres
- Property size
- 612 SF
- Zone code
- C
- Property type
- Turn key restaurants
- APN
- AMES M:77 B:0089
- APU
- AMESM77B0089
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $575,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $605,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $590,000
- Retail
- $635,000
- Mixed-Use
- $500,000
- Hospitality
- $565,000
- Educational
- $560,000
- Residential Income
- $515,000
- Energy
- $575,000
- Income-Based Land
- $530,000
- Food Service
- $540,000
Location Insight
- Map
- Local Demand
- City
- Amesbury
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9293
- Latitude
- 42.8476
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA