3 Liberty St
35,680 SF Industrial Building Merrimac, MA 01860 $1,350,000 ($38/SF)
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INVESTMENT HIGHLIGHTS
- Village Center Zoning - Redevelopment potential
- Access to Liberty Street and Rte 110/E. Main Street
- Great layout for Storage/Contractor Bays
EXECUTIVE SUMMARY
This two-story wood mill building was built in 1904 and remained a manufacturing building until recent years. The property has municipal water and sewage and is not in a designated Flood Zone. Plenty of paved-lot parking, and with the majority of the lot being level there is great potential for additional use of remainder of land. Open beamed ceilings with many replacement windows. North end of building is a high-ceiling warehouse space with large overhead door. Village Center zoning - redevelopment potential for many uses – commercial-mixed-use-residential . Special permit may be required – Buyer to do due diligence. One half mile from I-495. Access to East Main Street, which is Route 110.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Taxes |
$8,674
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$0.24
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Operating Expenses |
-
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-
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Total Expenses |
$8,674
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$0.24
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PROPERTY FACTS Under Contract
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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ZONING
Zoning Code | VC (Village Center) |