Active
11 Elm St
Amesbury MA, 01913
$1,650,000
$180.13 per sqft
Active
9 Baths
9,160 sqft
Commercial
Built in 1874
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.
73283400
MLSⓇ ID
August 31, 2024
Listed
February 20, 2025
Updated
Interior Features
Total Bathrooms
9
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Rubber
Other Property Details
Taxes
$11,907
Tax Frequency
Annually
Garage
No
Parking Total
2
View
No
County
Essex
Pool
No
Utilities
Public Water, Public Sewer, Natural Gas Available, 110 Volts, 220 Volts
Zoning
CB
Listing History
Date | Event | Price |
|---|---|---|
2/7/2025 | Price change | $1,650,000 -6% |
2/4/2025 | Active | — |
11/19/2024 | Pending | — |
11/5/2024 | Under contract | — |
Courtesy of Faulkner Commercial Group, Keller Williams Realty
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, 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 or leasing 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 or leasing. 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.
©2025 MLS Property Information Network, Inc. All rights reserved.
Data last updated 7:17 PM UTC, 2/20/2025
