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Property profile & analytics
OFF-MARKET
Office Spaces

58 Macy St E E Ste Amesbury, MA 01913-3749

2,138 SF Built 1985
Entity Owned Free & Clear
Property ID
US38-0992391
Property summary
AI-generated overview

This exceptional 17,724 square foot shopping center in Amesbury, MA, presents a compelling investment opportunity. Located on a 4.31-acre lot at 58 Macy Street, this single-story, 1985-built property boasts ten units and is situated on busy Route 110, offering unparalleled visibility and convenient access to I-495 and I-95. The property benefits from strong, established service-oriented tenants with long-term leases, ensuring stable rental income. The permitted commercial zoning allows for a diverse range of uses, including retail, office, restaurant, barber shop, private daycare/kindergarten, and veterinary hospital, providing flexibility for future growth and tenant diversification. Its location just over a mile from downtown Amesbury, a vibrant area known for its restaurants, boutiques, and breweries, further enhances its appeal. The asking price is $1,750,000. This prime location on a growing commercial corridor makes this a truly exceptional investment opportunity. The property's strategic location and flexible zoning provide significant upside potential for long-term growth and return. This is a rare opportunity to acquire a well-established, multi-tenant property with a proven track record of success.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1985
Construction FRAME
Total area 2,138 SF
Zoning code C
APN AMES M:78 B:0001.E
UPID US38-0992391
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
  • Rockingham Electrical Supply Building Supply Electrical Service
  • Sweat Fixx Amesbury Gym & Fitness Center
  • New England Cleaners (Bike/Boat/Book/etc) Store
  • Superior Security & AV Supply Security Service
  • Rock Church North Shore Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ROCK CHURCH MINISTRIES
ROCK CHURCH MINISTRIES
Zoning & alternative use
C · Amesbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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