43 Grove St Merrimac, MA 01860
- Commercial real estate
- 3.65 lot acres
Current Use by Public Records
- Destiny Publishers / Religious Book Store
Property Details for 43 Grove St
- Lot size
- 3.65 lot acres
- Property type
- Commercial real estate
Description
Investors and collectors, take note! This exceptional 3.65-acre property in Merrimac, Massachusetts, presents a unique investment opportunity. Located at 43 Grove Street in Essex County (zip code 01860), this property features a substantial concrete basement exceeding 6,000 square feet, accessible at ground level. This expansive basement offers significant potential for storage, ideal for collectors or businesses requiring ample inventory space. Above the basement lies 6,500 square feet of single-level office/warehouse space, providing further versatility. This area could be adapted for additional storage or even residential use, contingent upon obtaining necessary approvals and permits. The property sits on a corner lot within an established residential neighborhood, currently zoned for single-family homes. The sale is AS-IS/WHERE-IS, and prospective buyers are responsible for conducting their own due diligence. This is a rare opportunity to acquire a large parcel of land with existing structures, offering considerable flexibility for a variety of uses. The asking price for this unique property is $569,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrimac
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.0094262
- Latitude
- 42.8312187
