Prime High Traffic Commercial Development Land

Vacant Land for Sale
Catylist Listing ID: 30525870
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 2.67 Acres
Sale Price: $750,000
Unit Price: $280,898 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2020

Overview / Comments

Prime high visibility commercial development parcels situated directly on Route 110 (Macy Street) between I495 and I95. This corner lot, an assemblage of two parcels, features 450' frontage on high traffic artery Route 110, and 250' frontage on Rocky Hill Road.

Amesbury is going through significant new commercial development, including Maples Crossing Ice and Entertainment Complex, Amesbury Heights Apartment Complex, Alternative Therapies marijuana dispensary and more.

Traffic count figured per MADOT has varied between 26,000 to 31,000 VPD. A thriving commercial artery with corporate neighbors including Amesbury Chevrolet, Carriagetown Marketplace, (Stop & Shop, Verizon Wireless, 99 Restaurant, Leary's Liquors and more), Dunkin Donuts, McDonald's, Irving Gas, Hampton Inn, Fairfield Inn, and several retail stores. Amesbury welcomes commercial development.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: Essex County
Tax ID/APN: 79/ 80&81
Zoning: COMMERCIAL
Property Located Between: Rocky Hill Rd and Elm St
Property Visibility: Excellent
Largest Nearby Street: I-495
Feet of Frontage: 450
Traffic/Vehicle Count: 26,000
Highway Access: Macy/ Route 110
Site Description: PROPERTY OVERVIEW Prime high visibility commercial development parcels situated directly on Route 110 (Macy Street) between I495 and I95. This corner lot, an assemblage of two parcels, features 450' frontage on high traffic artery Route 110, and 250' frontage on Rocky Hill Road.
Area Description: Amesbury is going through significant new commercial development, including Maples Crossing Ice and Entertainment Complex, Amesbury Heights Apartment Complex, Alternative Therapies marijuana dispensary and more.
Lot Frontage: 450
Zoning Description: Commercial development
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,391 36,899 60,662
Median Age: 41.05 42.75 44.39
Households: 2,740 15,061 25,290
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