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5 Pleasant St
Methuen, MA 01844
The Red Tavern · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • According to public records, the property was once owned by Edward F. Searles.
  • The building offers professional business offices available for sale and is also offered for lease (500-4,000 sf space available for lease)
  • In 1900, he converted it into a private guest house called The Red Tavern

PROPERTY FACTS

Property Type
Office
Building Size
23,999 SF
Building Class
B
Year Built/Renovated
1850/2002
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,000 SF
Slab To Slab
10’
Building FAR
0.78
Lot Size
0.71 AC
Zoning
CBD - Central Business District
Parking
8 Spaces (0.33 Spaces per 1,000 SF Leased)

AMENITIES

  • Conferencing Facility
  • Property Manager on Site

ABOUT 5 PLEASANT ST , METHUEN, MA 01844

The Red Tavern Building. FEATURES: According to public records, the property was once owned by Edwards F. Searles. In 1900, he converted it into a private guest house called The Red Tavern which is said to be made up out of several earlier homes. This reworking and moving of existing buildings was a common practice of Mr. Searles and his architect Henry Vaughn around 1900. The building offers professional business offices available for lease and is also offered for sale. **Income statement available upon request** ; **Lease rates to be determined**. The building enjoys easy access from I-93 and Route 213. Traveling north on I-93, take exit to Route 213, proceed approximately 2-miles, take Exit-1, turn right at traffic light onto Route 28, turn left onto Charles Street, the first turn onto Pleasant Street, and proceed to the building on the left.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
METH-000612-000055-000005
Land Assessment
$295,500
Improvements Assessment
$1,091,700
Total Assessment
$1,387,200
  • Listing ID: 17346307

  • Date on Market: 10/2/2019

  • Last Updated:

  • Address: 5 Pleasant St, Methuen, MA 01844

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