Listed by Henry Matos, BHHS Verani Salem,

1111 Riverside Drive

Methuen, MA, 01844

$2,900,000

$2,900,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1903
Investment opportunity in a well-known Methuen Ma location right off of Rte 93 and Rte 110. 13 units in total 11 out of the 13 currently leased. The two available units are roughly 1500 and 2500 sq ft. Owner occupy the available spots or lease out for additional income. The property currently generates about $20,500 a month on current leases $246k a year.
MLS® ID:
4901770
Listed:
3/21/22
Updated:
1/27/23

Exterior/Building Features

Lot Size
1.64 acres lot
Exterior Features
Brick
Lot Details
Level
Sewer
Public

Other Property Details

Area Name
MA-Essex
Garage
Yes
Parking
Parking Spaces 21
View
N
County
MA-Essex
Utilities
Other
Water Source
Public
Pool
No
Zoning
BH

Property History

Date
Event
Price
Value
12/28/22
Price Change
$2,900,000
-9%
8/2/22
Price Change
$3,200,000
-3%

Listed by Henry Matos, BHHS Verani Salem

Listing Contact:  

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