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    Property profile & analytics
    OFF-MARKET Estimated value $530,000
    Auto shops

    46 Elm St, Amesbury, MA 01913-2507

    2,616 SF 0.28 ac lot Built 1954
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-0769343
    Property summary
    AI-generated overview

    This exceptional 2,616 square foot flex space property presents a unique opportunity for businesses seeking a prime Amesbury location. Situated conveniently near the downtown area, this single-tenant building boasts easy access to public transportation, with proximity to the bus station and municipal parking lots. The property sits on a 0.28-acre lot and features a single-story building constructed in 1954. The open floor plan offers considerable flexibility, currently enhanced by four drive-in garage bay doors. The Central Industrial (IC) zoning allows for a variety of permitted uses, making this space adaptable to diverse business needs. Ample parking is available with 15 spaces on-site. The property's strategic location provides convenient access to major roadways, being within a 10-minute drive of both Route 95 and Route 495. The owner is open to negotiating building improvements, offering a chance to customize the space to perfectly suit your business requirements. This is a rare opportunity to establish your business in a highly desirable and accessible location.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1954
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,616 SF
    Lot 0.28 ac (12,050 SF)
    Zoning code IC
    APN AMES M:53 B:0059
    UPID US38-0769343
    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
    • Gonthier's Service Station Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $555k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $462k
    Blend (final) Blend
    $530k
    Owner & transaction history
    46 Elm Amesbury LLC · 2 yrs held
    46 Elm Amesbury LLC
    since 2023
    Last sale
    $525,000
    4 recorded transactions
    2023
    $525,000
    2008
    $1
    2001
    $85,000
    1988
    Zoning & alternative use
    IC · Amesbury, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $670,000 +7.3%
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