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    Property profile & analytics
    OFF-MARKET Estimated value $600,000
    Turn key restaurants

    450 Broadway, Methuen, MA 01844

    4,839 SF 0.81 ac lot Built 2003
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US38-1572455
    Property summary
    AI-generated overview

    This exceptional 3,477 square foot single-tenant executive office space is ideally located at 450 Broadway in Methuen, Massachusetts. Situated in Essex County, this property offers a rare opportunity for businesses seeking a prominent location with ample space. The building's total square footage is 3,477 square feet, all of which is currently vacant and ready for immediate occupancy. The property is classified as both retail and office space, making it versatile for a variety of uses. The electrical power capacity is 30 amps, providing sufficient power for most office needs. The address is 450 Broadway, Methuen, MA 01844, offering excellent visibility and accessibility. This single-tenant occupancy provides privacy and control over the entire space. The property is perfect for a company seeking a move-in ready, high-profile location in a thriving area. Its classification as executive office space suggests a high-quality build and finish, ideal for businesses seeking a professional image. The property's location in Methuen, Massachusetts, offers access to a strong workforce and convenient transportation links. Interested parties are encouraged to inquire further to explore the possibilities this exceptional space presents. The property is available for lease.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2003
    Construction FRAME
    Total area 4,839 SF
    Lot 0.81 ac (35,196 SF)
    Zoning code BH
    APN METH M:00610 B:00123 L:00048A
    UPID US38-1572455
    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
    Current use
    Occupant on record · Public records
    • Pigeon Insurance Agency Insurance Agency
    • Dunkin' Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $470k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $732k
    Blend (final) Blend
    $600k
    Owner & transaction history
    Cafua RT Clxxvii LLC · 1 yrs held
    Cafua RT Clxxvii LLC
    since 2025
    6 recorded transactions
    2025
    2025
    $1.9M
    2003
    1996
    1991
    1988
    Zoning & alternative use
    BH · Methuen, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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