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34466345
34466347

22-26 School Street, Merrimac, MA 01860 For Sale

JF
MA MA 9516868, MA MA 9516868-RE-S (+2)
KW Commercial Faulkner Commercial Group
Listed by KW Commercial Faulkner Commercial Group
$1,925,000
1 day on market
Updated 1 day ago

Mixed-use Investment Opportunity in Merrimac, MA

Details
Property Type Multifamily, Office
Sub Type Executive Office, Medical Office
Square Footage 5,362
Units 2
Year Built 1855
Buildings 2
Stories 2
Acreage 1.160
Zoning VC
Parking Spaces 12 spaces
Parking per 1,000 SqFt 2.24

Mixed-use Investment Opportunity in Merrimac, MA

Marketing 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 seeking supplemental rental income. Financial information available upon execution of a Confidentiality Agreement.

Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. Redevelopment possibilities exist as well.

Investment highlights

  • 1.164± acre Village Center-zoned mixed-use investment property.
  • Two income-producing buildings totaling 5,362± SF.
  • 2,800 SF professional office building (built in 2013), leased to an established dental practice.
  • 2,562 SF two-family residential building with two rental apartments.
  • Diversified commercial and residential income provides stable cash flow.
  • Potential upside through rental growth and future redevelopment opportunities.
  • Minutes from I-495 and Route 110 with convenient access to Newburyport, Amesbury, Haverhill, and Southern New Hampshire.
  • Ideal for investors, 1031 exchange buyers, family offices, or owner-users seeking supplemental rental income.

Listing Contacts

JF
MA MA 9516868, MA MA 9516868-RE-S (+2)
KW Commercial Faulkner Commercial Group
Listed by KW Commercial Faulkner Commercial Group

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Additional Information

Name
Janet Faulkner
License
MA 9516868
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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