3 Locations

128 CRE is pleased to present an exceptional opportunity to acquire 72, 76, and 84 Woodland Street in Methuen (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 ±15,606 SF commercial building at 76 Woodland Street and two single family residences at 72 and 84 Woodland Street. The existing improvements provide immediate flexibility for occupancy while also presenting a compelling opportunity for redevelopment or repositioning.

Given the scale, frontage, and layout of the site, the Property is well-suited for a variety of end users, including healthcare providers, religious organizations, educational users, and other institutional groups seeking a campus-style environment. Alternatively, investors and developers may 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), creating a unique opportunity for future repositioning. This dynamic allows the site to be positioned as a large-scale land development opportunity for residential uses, including multifamily or senior housing, potentially through a Chapter 40B structure.

This rare offering combines near-term usability with long-term upside, making it an attractive opportunity for both owner-users and value-add investors seeking a well-located asset in the Merrimack Valley.