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357-361 Merrimack St - Commercial Development Land For Ground Lease 1.06 Acres of Commercial Land in Methuen, MA 01844

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Investment Highlights

development site with excellent frontage on Route 110

Executive Summary

Commercial Zoned Parcel: 1.06+/- acres 69,000+/- sq. ft. development site for ground lease @ $5,000.00/monthly plus CAM plus NNN

Site Plan

Property Facts

Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Condition	Ground Lease (Leased Fee)	Proposed Use	Retail Office
No. Lots	1	Total Lot Size	1.06 AC
Property Type	Land
Zoning	BN - Commercial

Sale Type	Investment or Owner User
Sale Condition	Ground Lease (Leased Fee)
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office
Total Lot Size	1.06 AC
Zoning	BN - Commercial

1 Lot Available

Lot

Lot Size	1.06 AC

Lot Size	1.06 AC

For Ground Lease: 1.06+/- acres or 69,000+/- sq. ft. development site with excellent frontage on Route 110 in Methuen-MA

Description

1.06+/- acres or 69,000+/- sq. ft. development site with excellent frontage on Route 110. ZONED Commercial "BN" -- permitted uses of the following: continuing care retirement community (CCRC), assisted living ((SP), restaurant drive thru (SP), car wash (SP), new & used car sales (SP), motor vehicle light service, etc. ACCESS: Via Route 495, take Exit-48 east, and proceed approximately 3-miles on the right. SERVICES: Municipal Water & Sewer

1 1

Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Somewhat bikeable

30/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple METH-001109-000110-A000059 METH-001109-000110-A000059A	Improvements Assessment	$0
Land Assessment	$475,100	Total Assessment	$475,100

Property Taxes

Parcel Numbers

Multiple

METH-001109-000110-A000059
METH-001109-000110-A000059A

Land Assessment

$475,100

Improvements Assessment

Total Assessment

$475,100

(603) 893-7663 x1

Contact

Harry Shea
Shea Commercial Properties Inc

Listing ID: 34715409
Date on Market: 2/4/2025
Last Updated:
Address: 357-361 Merrimack St, Methuen, MA 01844

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357-361 Merrimack St - Commercial Development Land For Ground Lease

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