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    FOR LEASE
    Auto shops

    41 Hillside Ave, Amesbury, MA 01913

    1,218 SF 0.42 ac lot Built 1962
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US38-1518591
    Property summary
    AI-generated overview

    This exceptional new construction retail and creative office space, totaling 11,185 square feet, is ideally situated at the high-traffic intersection of Hillside Ave (Route 150) and Haverhill Rd (Route 110) in Amesbury, Massachusetts. The property, located at 41 Hillside Ave (APN 76/60), sits on a 0.56-acre lot and is zoned C. Completed in 2022, this mixed-use building offers two suites, each divisible to a minimum of 1,000 square feet, with a maximum contiguous space of 2,000 square feet. Currently, 2,000 square feet are vacant. Benefitting from its prime location near the Maples Crossing complex and The Heights Amesbury apartments, this property enjoys exceptional visibility and accessibility. Ample on-site parking is available. Leasing options include two 1,000 square foot spaces at $3,000 per month each, or both spaces totaling approximately 2,000 square feet for $5,800 per month. These are NNN leases with a five-year minimum term. Tenant improvement allowances are negotiable. The property is in the Amesbury-Ipswich submarket of Essex County and has excellent access to major roadways. All information is from the property owner and public records

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1962
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,218 SF
    Lot 0.42 ac (18,170 SF)
    Zoning code C
    APN AMES M:76 B:0061
    UPID US38-1518591
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Generational Realty LLC · 7 yrs held
    Generational Realty LLC
    since 2019
    6 recorded transactions
    2025
    2024
    2020
    2019
    $695,000
    1999
    1998
    Zoning & alternative use
    C · Amesbury, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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