Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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