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357-361 Merrimack St - Commercial Development Land For Ground Lease

1.06 Acres of Commercial Land Offered at $60,000 in Methuen, MA 01844

Commercial Land Massachusetts Methuen 357-361 Merrimack St, Methuen, MA 01844

INVESTMENT HIGHLIGHTS

  • development site with excellent frontage on Route 110

EXECUTIVE SUMMARY

Commercial Zoned Parcel: 1.06+/- acres 69,000+/- sq. ft. development site for ground lease @ $60,000.00/year NNN

PROPERTY FACTS

Price $60,000 Property Type Land
Sale Type Investment or Owner User Property Subtype Commercial
Sale Condition Ground Lease (Leased Fee) Proposed Use
Retail
  • Office
No. Lots 1 Total Lot Size 1.06 AC
Price $60,000
Sale Type Investment or Owner User
Sale Condition Ground Lease (Leased Fee)
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 1.06 AC

1 LOT AVAILABLE

Lot

Price $60,000 Lot Size 1.06 AC
Price Per AC $56,603.77
Price $60,000
Price Per AC $56,603.77
Lot Size 1.06 AC

For Ground Lease: 1.06+/- acres or 69,000+/- sq. ft. development site with excellent frontage on Route 110 in Methuen-MA

DESCRIPTION

1.06+/- acres or 69,000+/- sq. ft. development site with excellent frontage on Route 110. ZONED Commercial "BN" -- permitted uses of the following: continuing care retirement community (CCRC), assisted living ((SP), restaurant drive thru (SP), car wash (SP), new & used car sales (SP), motor vehicle light service, etc. ACCESS: Via Route 495, take Exit-48 east, and proceed approximately 3-miles on the right. SERVICES: Municipal Water & Sewer

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PROPERTY TAXES

Parcel Numbers
Multiple
  • METH-001109-000110-A000059
  • METH-001109-000110-A000059A
 Improvements Assessment $0
Land Assessment $431,900 Total Assessment $431,900

PROPERTY TAXES

Parcel Numbers
Multiple
  • METH-001109-000110-A000059
  • METH-001109-000110-A000059A
Land Assessment
$431,900
Improvements Assessment
$0
Total Assessment
$431,900

ZONING

Zoning Code BN (Commercial)
BN (Commercial)
(603) 893-7663 x1

CONTACT

  • Listing ID: 34715409

  • Date on Market: 2/4/2025

  • Last Updated:

  • Address: 357-361 Merrimack St, Methuen, MA 01844

More public record information on 357-361 Merrimack St, Methuen, MA 01844

The Land Property at 357-361 Merrimack St, Methuen, MA 01844 is currently available for sale. Contact Shea Commercial Properties Inc for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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357-361 Merrimack St - Commercial Development Land For Ground Lease
(603) 893-7663 x 1

357-361 Merrimack St - Commercial Development Land For Ground Lease

Harry Shea

(603) 893-7663

x1

(603) 893-7663 x1

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