58 Macy St E E Ste Amesbury, MA 01913-3749
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Amesbury, MAAmesbury. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.