226 Merrimac St Newburyport, MA 01950-2212
Property profile & analytics
226 Merrimac St Newburyport, MA 01950-2212
- Investment properties
- 2,880 SF
- 0.11 lot acres
Property ID
US38-2303306
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.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 226 Merrimac St
- Year built
- 1850
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Property size
- 2,880 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- NEWP M:0055 B:0005 L:0000
- APU
- NEWPM0055B0005L0000
Description
This exceptional commercial property, located at 226 Merrimac St 1, Newburyport, MA, presents a unique investment opportunity. Previously occupied by the well-established Modern Butcher, this space offers significant potential for a variety of businesses. The 0.11-acre lot provides ample space for outdoor seating or other business needs, depending on the intended use. The property's prime location near Cashman Park is a significant advantage, offering easy access to recreational amenities and increased visibility for your business. The interior layout is adaptable and can be customized to suit the specific requirements of your venture. This is a rare opportunity to acquire a well-situated commercial property in a thriving Newburyport neighborhood. The property's proximity to the park provides a desirable environment for both employees and customers. The building's previous use as a successful butcher shop demonstrates its suitability for a variety of retail or office applications. The asking price is $459,900. Don't miss this chance to establish your business in a vibrant and convenient location. Serious inquiries only. The square footage will need to be verified by the buyer.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $565,000
- ML approach
- $625,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $970,000
- 6.5%
- $895,000
- 7%
- $835,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $927,000
Market price range: $614k - $1.83M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newburyport
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.88
- Latitude
- 42.8163
- 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
$5,560
$284,700
$273,000
$557,700
-
$0.00
$0.00
$0.00
