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EXECUTIVE SUMMARY
12 Oakland Street, 22–24 Oakland Street, and 144 Elm Street offer a three-building light industrial and flex portfolio totaling approximately 86,774 ± SF in Amesbury, Massachusetts. The properties are located approximately 1.25 miles from both I-95 and I-495, with direct access to Route 110, positioning the portfolio within the broader Merrimack Valley market and near regional hubs such as the historic seaside communities of Newburyport, MA and Portsmouth, NH.
The portfolio supports a mix of office, light industrial, and retail applications. Anchor tenancy includes Hexcel (NYSE: HXL), occupying 38,000 SF at 144 Elm Street, along with a roster of local and regional tenants such as GZA Engineering, Barewolf Brewery, and Farm & Sea. Recent renovations across the portfolio have been made to accommodate the needs of both established and growth-oriented businesses.
Area amenities include local restaurants (ex. Market Square Bake House) and hotel accommodations along Route 110 for the benefit of both tenants and visitors. The portfolio’s current occupancy rate of 92% provides stable in-place income for investors with potential for future growth in rents while meeting the demand for small to mid-size firms needing flex space (light manufacturing, maker, assembly, r&d, executive offices, etc.).
The portfolio supports a mix of office, light industrial, and retail applications. Anchor tenancy includes Hexcel (NYSE: HXL), occupying 38,000 SF at 144 Elm Street, along with a roster of local and regional tenants such as GZA Engineering, Barewolf Brewery, and Farm & Sea. Recent renovations across the portfolio have been made to accommodate the needs of both established and growth-oriented businesses.
Area amenities include local restaurants (ex. Market Square Bake House) and hotel accommodations along Route 110 for the benefit of both tenants and visitors. The portfolio’s current occupancy rate of 92% provides stable in-place income for investors with potential for future growth in rents while meeting the demand for small to mid-size firms needing flex space (light manufacturing, maker, assembly, r&d, executive offices, etc.).
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 86,774 SF |
| Number of Properties | 3 | Total Land Area | 2.84 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 86,774 SF |
| Total Land Area | 2.84 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 144 Elm St, Amesbury, MA 01913 | Industrial | 43,469 SF | 1900 | - |
| 12 Oakland St, Amesbury, MA 01913 | Industrial | 36,220 SF | 1880 | - |
| 22 Oakland St, Amesbury, MA 01913 | Industrial | 7,085 SF | 1890 | - |
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