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76 Woodland St
Methuen, MA 01844
Office Property For Sale


Investment Highlights
- Three-parcel assemblage totaling approximately 10 acres in Methuen, MA.
- On-site parking supporting approximately 80 vehicles with efficient site circulation.
- Zoning mix offers potential rezoning opportunities for redevelopment to multifamily or institutional use.
- Campus-style configuration conducive to healthcare, religious, or educational users.
Executive Summary
Please contact Tyler or James for details.
128 CRE is pleased to present a unique opportunity to acquire 72, 76, and 84 Woodland Street in Methuen, Massachusetts (the “Property”), a ±10-acre assemblage offering significant potential as a redevelopment site and/or owner-user campus.
The Property consists of three parcels, including a ±9,313 SF commercial building at 76 Woodland Street and two single-family residences at 72 and 84 Woodland Street. The existing improvements provide immediate occupancy potential while also offering a compelling opportunity for repositioning or redevelopment.
Given its scale, frontage, and layout, the site is well-suited for a variety of end users, including healthcare providers, religious organizations, educational institutions, and other groups seeking a campus-style environment. Alternatively, investors and developers can capitalize on the site’s size and configuration to unlock long-term value through a comprehensive redevelopment strategy.
The Property is currently zoned RD (Single Residence), with abutting parcels zoned BL (Business Limited), presenting a potential pathway for future rezoning or repositioning. This dynamic creates the opportunity to pursue a larger-scale residential development, including multifamily or senior housing, potentially via a Chapter 40B structure.
This rare offering combines near-term functionality with long-term upside, making it an attractive opportunity for both owner-users and value-add investors seeking scale and flexibility in the Merrimack Valley.
128 CRE is pleased to present a unique opportunity to acquire 72, 76, and 84 Woodland Street in Methuen, Massachusetts (the “Property”), a ±10-acre assemblage offering significant potential as a redevelopment site and/or owner-user campus.
The Property consists of three parcels, including a ±9,313 SF commercial building at 76 Woodland Street and two single-family residences at 72 and 84 Woodland Street. The existing improvements provide immediate occupancy potential while also offering a compelling opportunity for repositioning or redevelopment.
Given its scale, frontage, and layout, the site is well-suited for a variety of end users, including healthcare providers, religious organizations, educational institutions, and other groups seeking a campus-style environment. Alternatively, investors and developers can capitalize on the site’s size and configuration to unlock long-term value through a comprehensive redevelopment strategy.
The Property is currently zoned RD (Single Residence), with abutting parcels zoned BL (Business Limited), presenting a potential pathway for future rezoning or repositioning. This dynamic creates the opportunity to pursue a larger-scale residential development, including multifamily or senior housing, potentially via a Chapter 40B structure.
This rare offering combines near-term functionality with long-term upside, making it an attractive opportunity for both owner-users and value-add investors seeking scale and flexibility in the Merrimack Valley.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,313 SF
Building Class
B
Year Built
2004
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,104 SF
Slab To Slab
11’
Building FAR
0.02
Lot Size
10.24 AC
Zoning
BL, RD - Business Limited, Single Residence
Parking
80 Spaces (8.59 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,412,900 | |
| Land Assessment | $688,000 | Total Assessment | $2,100,900 |
Property Taxes
Parcel Numbers
Land Assessment
$688,000
Improvements Assessment
$1,412,900
Total Assessment
$2,100,900
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