22-26 School St
Merrimac, MA 01860

$1,925,000

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Listing Details

$1,925,000
MLS# 73551397
Type Commercial - Business
Status Active

5,362
Square Feet
1.164 acres
Lot Size
1855
Year Built

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Listed By

Agency Name: Keller Williams Realty
Agent Name: Faulkner Commercial Group
Agency Phone: 978-475-2111

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

Mixed-use investment opportunity in the heart of Merrimac. This 1.164± acre Village Center-zoned property consists of two separate buildings: a 2,800 SF professional office building, constructed in 2013 and leased to an established dental practice, and a 2,562 SF two-family residence with two income-producing apartments. Diversified income from commercial and residential tenants provides stable cash flow, with upside potential from rental growth. Well-located minutes from I-495 and Route 110 with convenient access to Newburyport, Amesbury, Haverhill, and Southern NH. Ideal for investors, 1031 exchange buyers, family offices, or owner-users...read more

Features

$14,725 Taxes
Built in 1855

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