Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of this district is to provide commercial uses.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C · Amesbury, MAThe purpose of this district is to provide commercial uses.
Zoning
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Zoning designation
Official district profile
The purpose of this district is to provide commercial uses.
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The district profile from the municipal source: what is on file for C in Amesbury, MA.
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