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22-26 School St 5,362 SF 100% Leased Office Building Merrimac, MA 01860 For Sale
Investment Highlights
- 1.164± acre Village Center-zoned mixed-use investment property.
- 2,562 SF two-family residential building with two rental apartments.
- Diversified commercial and residential income provides stable cash flow.
- Two income-producing buildings totaling 5,362± SF.
- 2,800 SF professional office building (built in 2013), leased to an established dental practice.
- Ideal for investors, 1031 exchange buyers, family offices, or owner-users seeking supplemental rental income.
Executive Summary
Mixed-use investment opportunity in the heart of Merrimac.
This 1.164± acre Village Center-zoned property consists of two separate buildings: a 2,800 SF professional office building, constructed in 2013 and leased to an established dental practice, and a 2,562 SF two-family residence with two income-producing apartments.
Diversified income from commercial and residential tenants provides stable cash flow, with upside potential from rental growth. Well-located minutes from I-495 and Route 110 with convenient access to Newburyport, Amesbury, Haverhill, and Southern NH.
Ideal for investors, 1031 exchange buyers, family offices, or owner-users seeking supplemental rental income. Financial information available upon execution of a Confidentiality Agreement.
Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. Redevelopment possibilities exist as well.
This 1.164± acre Village Center-zoned property consists of two separate buildings: a 2,800 SF professional office building, constructed in 2013 and leased to an established dental practice, and a 2,562 SF two-family residence with two income-producing apartments.
Diversified income from commercial and residential tenants provides stable cash flow, with upside potential from rental growth. Well-located minutes from I-495 and Route 110 with convenient access to Newburyport, Amesbury, Haverhill, and Southern NH.
Ideal for investors, 1031 exchange buyers, family offices, or owner-users seeking supplemental rental income. Financial information available upon execution of a Confidentiality Agreement.
Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. Redevelopment possibilities exist as well.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,362 SF
Year Built
1855
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,681 SF
Building FAR
0.11
Lot Size
1.16 AC
Zoning
VC
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | MERR-000013-000001-000016 | Improvements Assessment | $747,700 |
| Land Assessment | $342,900 | Total Assessment | $1,090,600 |
Property Taxes
Parcel Number
MERR-000013-000001-000016
Land Assessment
$342,900
Improvements Assessment
$747,700
Total Assessment
$1,090,600
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22-26 School St
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