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62 Broadway 10,450 SF Industrial Building Methuen, MA 01844 For Sale

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Executive Summary

58 – 62 Broadway is a +/- 1- acre improved site located along heavily traveled RT-28 (Broadway) in Methuen, MA. The site consists of a 1,200 SF retail pad with drive-through and a 10,450 SF light industrial building formerly occupied by an operating wholesale bakery. Also, an adjacent, noncontiguous parcel presently used for truck storage can be made available for purchase.

58-62+Broadway,+Methuen,+MA+01844+(8)

Property Facts

Sale Type	Investment	No. Stories	1
Sale Condition	Redevelopment Project	Year Built	2001
Property Type	Industrial	Tenancy	Single
Property Subtype	Distribution Flex Light Manufacturing General Retail Freestanding FlexLight Distribution	Parking Ratio	2.02/1,000 SF
Building Class	C	No. Dock-High Doors/Loading	3
Lot Size	0.95 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	10,450 SF
Zoning	BH

Sale Type	Investment
Sale Condition	Redevelopment Project
Property Type	Industrial
Property Subtype	Distribution Flex Light Manufacturing General Retail Freestanding FlexLight Distribution
Building Class	C
Lot Size	0.95 AC
Rentable Building Area	10,450 SF
No. Stories	1
Year Built	2001
Tenancy	Single
Parking Ratio	2.02/1,000 SF
No. Dock-High Doors/Loading	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	BH

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Moderately walkable

60/100

Moderately drivable

70/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Number	METH-000716-000112-000001A	Improvements Assessment	$996,600
Land Assessment	$357,100	Total Assessment	$1,353,700

Property Taxes

Parcel Number

METH-000716-000112-000001A

Land Assessment

$357,100

Improvements Assessment

$996,600

Total Assessment

$1,353,700

(312) 515-8269

Contact

Andy White
Sherwin Avenue Partners

Listing ID: 38409524
Date on Market: 11/11/2025
Last Updated:
Address: 62 Broadway, Methuen, MA 01844

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