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The Woodland Street Portfolio 3 Properties in Methuen, MA
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 | Individually For Sale | 0 |
| Status | Active | Total Building Size | 13,057 SF |
| Number of Properties | 3 | Total Land Area | 10.27 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 13,057 SF |
| Total Land Area | 10.27 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 84 Woodland St, Methuen, MA 01844 | Multifamily | 1,976 SF | 1962 | - |
| 76 Woodland St, Methuen, MA 01844 | Office | 9,313 SF | 2004 | - |
| 72 Woodland St, Methuen, MA 01844 | Office | 1,768 SF | 2004 | - |
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Contacts
-
Tyler Capecci, SIOR -
James Keogh -
Caroline Baker -
Jeremy A. Freid, SIOR -
128 CRE
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