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386 Merrimack St
Methuen, MA 01844
Medical Office Suites · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Office Condo space
  • Sub-dividable, suites available
  • Ability to house large workforce

EXECUTIVE SUMMARY

Multiple office spaces offered on second and third floor with ample natural lighting and the ability to house large workforce. Third floor offices have the ability to connect. Prime North Shore location minutes away from highways. Ideal office space for medical/healthcare, accountants, day-care, law offices, and other small businesses. First floor entrance includes automatic doors with handicap parking spots immediately outside. Elevator access in the lobby. Building houses multiple medical offices including dentist, pediatric, rehabilitation hospital and outpatient clinic. Available units are in shell conditions and have not been fit-out. Office condo space consist of standard office finish with offices, conference room, reception area, and handicap bathrooms. Restrooms have tiled floors with tiled or painted walls as well as fixtures that are commercial quality. Units Available include: 2-A at 2,642 SF, 2-B at 2,452 SF, 2-C at 2,773 SF, 3-A at 2,629 SF, 3-C at 2,773 SF, and 3-D at 5,434 SF. Sale Price: $150.00 per SF (includes the completed build-out.) Lease price: $19.00/NNN Condo fee breakdown/monthly 2A: $491.00 2B: $421.00 2C: $490.00 3A: $492.00 3C: $519.00 3D: $1017.00 Parking lot available nearby. Tenants at the condominium have non-exclusive parking access to all 150 surface parking spaces in the development.

PROPERTY FACTS

Property Type Office
Property Subtype
Medical
  • OfficeLoft Creative Space
  • Office Telecom Hotel Data Hosting
Building Class A
Lot Size 2.50 AC
Rentable Building Area 43,803 SF
No. Stories 3
Year Built 2014
Parking Ratio 3.17/1,000 SF
APN / Parcel ID METH-001109-000078-E000132B
Zoning BH - Zoned Highway Business: Allows business offices, medical offices, service-type uses, etc.

AMENITIES

  • Signage
  • Air Conditioning
  • Listing ID: 22311209

  • Date on Market: 2/23/2021

  • Last Updated:

  • Address: 386 Merrimack St, Methuen, MA 01844

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