Mixed-use investment opportunity in the heart of Merrimac. This 1.164± acre Village Center-zoned property consists of two separate buildings: a 2,962 SF professional office building, constructed in 2013 and leased to an established dental practice, and a 3,759 SF two-family residence with two income-producing apartments (one 2-bedroom, one 4-bedroom). Diversified income from commercial and residential tenants provides stable cash flow, with upside potential from rental growth. Redevelopment possibilities exist as well. Well located near I-495 and MA 110 with convenient access to Newburyport, Amesbury, Haverhill, and Southern NH. Ideal for investors, 1031 exchange buyers, developers, family offices, or owner-users seeking supplemental rental income. Current financial information available upon execution of a Confidentiality Agreement. Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. This parcel also offers frontage on Broad St.
- Tax Year:
- 2026
- Status:
- Active
- Zoning:
- VC
- Orig Price:
- $1,925,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Merrimac
- State:
- MA
- County:
- Essex
- Postal Code:
- 01860
- Longitude:
- W72° 59' 56.2''
- Latitude:
- N42° 49' 59.2''
Commercial Sale
22-26 School St, Merrimac, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,925,000
- Square Footage :
- 6,721 Sqft
- Year Built :
- 1855
- Lot Area :
- 1.16 Acre
- Listing ID :
- 73551397
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com