11 Elm St

Amesbury, MA 01913

$1,650,000 PRICE
9.00 Baths
9,160 Sqft
0.11 Acres
1874 Built
$180 Price/Sqft

Faulkner Commercial is pleased to present this mixed-use value-add investment opportunity. Seize the chance to acquire a prominent property in the heart of Market Square. This property offers commercial spaces on the first and second floors, complemented by six two-bedroom apartments. Current rents are below market value, presenting significant growth potential. The first floor is currently leased to a restaurant, and the second floor is vacant. All tenants are on a month-to-month basis. Property tours require 24 hours' notice minimum and are by appointment only. Please do not inquire within. Initial tours will include one or two apartments, with a complete tour available during the due diligence period. The Offering Memorandum and investment proforma are available upon signing a Non-Disclosure Agreement. All information was obtained from the seller and public records, and prospective buyers are advised to perform due diligence in all aspects of a contemplated acquisition.

Additional Information

ADDITIONAL INFORMATION

ELECTRICAL FEATURES: 220 Volts
LIVING AREA SQFT: 9160
ON MARKET DATE: 2024-08-31
SEWER: Public Sewer
TAX AMOUNT: $11,907
TAX YEAR: 2024
TYPE: Commercial Sale
UTILITIES: Natural Gas Available
YEAR BUILT: 1874
ZONING: Legal Conforming

INTERIOR/EXTERIOR FEATURES

ROOF: Rubber

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Listing Courtesy of Faulkner Commercial Group of Keller Williams Realty (978.475.2111).