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1 Branch St 17,000 SF Vacant Office Building Methuen, MA 01844 $4,250,000 ($250/SF)
EXECUTIVE SUMMARY
Seller Financing Available!
5% Interest Only for 3 years. Additional information upon request.
About the Building:
2-Story, 17,000sf of Shell Space
This property has just had a New Roof and New HVAC Units installed.
The building has just been sealed/stained.
The interior has been demo'd down to the bare concrete floors and up to the exposed joists.
The Elevator, Stairwells, and Mechanical Rooms are still intact.
New landscaping and additional exterior improvements are underway.
About the Property:
Located at a light on the corner of Branch St and Rte 113 and visible from I-93 & Rte 110.
Dana-Farber is a neighbor at 5 Branch St.
The Irish Cottage is across the street.
Additional Parking is available on site with no additional approvals needed.
5% Interest Only for 3 years. Additional information upon request.
About the Building:
2-Story, 17,000sf of Shell Space
This property has just had a New Roof and New HVAC Units installed.
The building has just been sealed/stained.
The interior has been demo'd down to the bare concrete floors and up to the exposed joists.
The Elevator, Stairwells, and Mechanical Rooms are still intact.
New landscaping and additional exterior improvements are underway.
About the Property:
Located at a light on the corner of Branch St and Rte 113 and visible from I-93 & Rte 110.
Dana-Farber is a neighbor at 5 Branch St.
The Irish Cottage is across the street.
Additional Parking is available on site with no additional approvals needed.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
17,000 SF
Building Class
B
Year Built/Renovated
1985/2024
Price
$4,250,000
Price Per SF
$250
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,500 SF
Building FAR
0.28
Lot Size
1.37 AC
Zoning
BH
Parking
45 Spaces (5.88 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Skylights
- Wheelchair Accessible
- Central Heating
- Natural Light
- Shower Facilities
- Monument Signage
PROPERTY TAXES
| Parcel Number | 418-154-29 | Improvements Assessment | $420,000 |
| Land Assessment | $500,000 | Total Assessment | $920,000 |
PROPERTY TAXES
Parcel Number
418-154-29
Land Assessment
$500,000
Improvements Assessment
$420,000
Total Assessment
$920,000
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