357 Merrimack St Methuen, MA 01844-6531
- Commercial land
- 1.03 lot acres
Current Use by Public Records
- Commercial land
Property Details for 357 Merrimack St
- Lot size
- 1.03 lot acres
- Zone code
- BN
- Property type
- Commercial land
- APN
- METH M:01109 B:00110A L:00059
- APU
- METHM01109B00110AL00059
Description
This exceptional 1.4-acre commercial land parcel, located at 357-361 Merrimack Street in Methuen, Massachusetts, presents a compelling investment opportunity. The property, identified by APN METH-001109-000110-A000059, consists of two adjacent lots ideally situated on Route 110, ensuring high visibility and accessibility. Its Neighborhood Business (BN) zoning allows for a diverse range of commercial uses, making it suitable for various business ventures. The location offers easy access to downtown Methuen and major highways, maximizing convenience for both businesses and customers. High traffic counts on Route 110 guarantee significant exposure for any development on this site. The asking price for this prime commercial land is $925,000. This property's strategic location and flexible zoning make it an attractive prospect for developers and investors seeking a high-impact commercial investment in a thriving Massachusetts market. The substantial lot size provides ample space for a variety of development possibilities, capitalizing on the high traffic volume and excellent visibility afforded by its Route 110 location in Essex County, with a Methuen, MA 01844 zip code. This is a rare opportunity to acquire a well-positioned commercial property with significant growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Methuen
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.1298
- Latitude
- 42.745
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
