Property profile

41 Hillside Ave Amesbury, MA 01913

FOR LEASE
Auto shops
Property ID
US38-1518591
1,218 SF 0.42 ac lot Built 1962
Entity Owned 7-yr Hold ~ Est. High Equity
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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

Location

41 Hillside Ave Amesbury, MA 01913
Amesbury metro Census 266100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2019
6 recorded transactions
2025
Price N/A
2024
Price N/A
2020
Price N/A
2019
$695,000
1999
Price N/A
1998
Price N/A

Zoning & alternative use

C · Amesbury, MA
Zoning description

The purpose of this district is to provide commercial uses.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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