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1 Branch St

17,000 SF 100% Leased Office Building Methuen, MA 01844 $5,100,000 ($300/SF)

Executive Summary

About the Building:
This property has just had a New Roof and New HVAC Units installed.
The building has just been sealed/stained.
The interior is currently being demo'd down to the bare concrete floors and up to the exposed joists.
New landscaping and additional exterior improvements are underway.
About the Property:
Located at a light on the corner of Branch St and Rte 113 and visible from I-93 & Rte 110.
Dana-Farber is a neighbor at 5 Branch St.
The Irish Cottage is across the street.
Additional Parking is available on site with no additional approvals needed.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
17,000 SF
Building Class
B
Year Built/Renovated
1985/2024
Price
$5,100,000
Price Per SF
$300
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,500 SF
Building FAR
0.28
Lot Size
1.37 AC
Zoning
BH
Parking
45 Spaces (5.88 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Central Heating
  • Natural Light
  • Shower Facilities
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
418-154-29
Land Assessment
$500,000
Improvements Assessment
$420,000
Total Assessment
$920,000
  • Listing ID: 33223454

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 1 Branch St, Methuen, MA 01844

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