Two Retail Condos located in the Heart of Amesbury
Retail-Commercial
for Sale
| Catylist Listing ID: |
30848282 |
| Property Subtypes: |
Free-Standing Building, Street Retail, Other
|
| Condo? |
Yes |
| Building Size (RSF): |
3,295 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$800,000 |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/25/2023 |
Overview / Comments
Two retail condominiums are available for sale in the Clock Tower Condominium located in the heart of Amesbury. Situated between Newburyport Bank and Sky Hi restaurant at the bustling intersection of Market Square, Main St, and Friend St, these units benefit from both vehicle and foot traffic. Currently leased (NNN) to the popular Bean & Cone through 2023, with an option for a one-year extension, these units offer large windows with views of Market Square, high ceilings, and a spacious finished lower level. The demising wall between 39 & 41 Main can be removed to create an open space with two storefront windows. The total approximate area is 1,555sf on the first floor and 1,740sf on the finished lower level.
All information has been obtained through the seller and public records, prospective buyers are encouraged to perform due diligence relative to a contemplated acquisition. Additionally, the adjacent space at 37 Main St and the Sky Hi restaurant business is also available for sale.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$1,268 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Essex |
| Tax ID/APN: |
53-271-A / 53-271-B |
| Is Condo?: |
Yes |
| Zoning: |
CB |
| Property Located Between: |
Situated at the corner of Main St & Friend St. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Situated at the corner of Main St & Friend St. |
| Airports: |
Boston Logan Airport and Manchester Boston Regional Airport |
| Site Description: |
Situated at the corner of Main St & Friend St. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
1874 |
| Roof Type: |
Other |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Surface/offsite parking |
| Lot Frontage: |
98 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,158 |
31,617 |
64,126 |
| Median Age: |
40.21 |
42.44 |
43.8 |
| Households: |
4,235 |
12,763 |
26,044 |
|
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The information presented herein is provided as is, without warranty of any kind.
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