2,246 SF Professional Office/Medical Condo Available For Sale
Office
for Sale
| Catylist Listing ID: |
30815151 |
| Property Subtypes: |
Medical, Office Building
|
| Building Size (RSF): |
2,246 SF
|
| Gross Building Area: |
47,308 SF |
| Gross Land Area: |
2.50 Acres
|
| Sale Price: |
$300,000 |
| Unit Price: |
$133.57 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Class of Space: |
Class A |
| Usable Size (USF): |
2,246 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/22/2024 |
Overview / Comments
METHUEN, MA: 386 Merrimack Street is an extremely well-maintained professional office/medical building offering the opportunity for a wide array of professional user types. Unit 2B, consisting of 2,246 SF, is available in current white box condition, which includes insulated walls with R-19, sheetrock, tape and mud ready for painting, basic electrical, panel and outlets per code and drop boxes on ceiling, HVAC system with ductwork /trunks, ceiling grid , excluding tiles. Two bathrooms located on the 2nd floor. 200+/- parking spaces - first come first served. Serviced by municipal water, sewer and natural gas. Owner would entertain a 5+ year lease option to purchase for well qualified, strong candidates only. Monthly condo fee: $421.00.
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Essex |
| Taxing Authority: |
Methuen |
| Tax ID/APN: |
1109-78E-13-2B |
| Zoning: |
BH |
| Property Visibility: |
Excellent |
| Airports: |
Boston Logan International Airport |
| Site Description: |
Situated in a convenient location with superior visibility directly on Route 110.
Various options for space configurations.
Property features include large pylon signage at street level, ample parking spaces, lots of natural light and elevator service.
Located just minutes from Routes I-495 and I-93. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Year Built: |
2013 |
| Parking Type: |
Surface |
| Total Parking Spaces: |
200 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,439 |
115,774 |
222,498 |
| Median Age: |
40.91 |
35.52 |
36.88 |
| Households: |
2,949 |
42,297 |
82,098 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
|
