Mixed-use Investment Opportunity in Merrimac, MA — Sale in Merrimac, MA

  • Price: $1.9M
  • Listing type: For sale
  • Asset type: Office
  • Location: Merrimac, MA 01860
  • Size: 5,362 SF
  • Year built: 1855

Investment Figures

Price per square foot
$359

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Mixed-use investment opportunity in the heart of Merrimac. This 1.164± acre Village Center-zoned property consists of two separate buildings: a 2,962 SF professional office building, constructed in 2013 and leased to an established dental practice, and a 3,759 SF two-family residence with two income-producing apartments (one 2-bedroom, one 4 bedroom). Diversified income from commercial and residential tenants provides stable cash flow, with upside potential from rental growth. Redevelopment possibilities exist as well. Well located near I-495 and MA 110 with convenient access to Newburyport, Amesbury, Haverhill, and Southern NH. Ideal for investors, 1031 exchange buyers, developers, family offices, or owner-users seeking supplemental rental income. Current financial information available upon execution of a Confidentiality Agreement. Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. This parcel also offers frontage on Broad St. Building SF: 5362 | Land Size: 1.16 Ac | Year Built: 1855 | Listing Type: FOR SALE

Market Context

This office in Merrimac, MA is listed for sale at $1,925,000 across 5,362 SF. The building dates to 1855. It has been on the market for 24 days. Compare it against other office listings for sale in Merrimac, MA — view the full market.

Contact

Explore this market

Similar Office for Sale in Merrimac, MA