1111 Riverside Dr

Methuen, MA, 01844

$3,200,000

$3,200,000
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. 11 units in total 9 out of the 11 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 is currently about a 5.7% cap rate with a potential to be an 8+ by leasing out the two vacant units.
MLS® ID:
72955705
Listed:
3/21/22
Updated:
10/3/22

Exterior/Building Features

Lot Size
1.64 acres lot
Roof
Metal

Other Property Details

Taxes
$35552.87
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Essex
Pool
No
Zoning
BH

Property History

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

 

Courtesy of , Coco, Early & Associates

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Data last updated 7:05 AM UTC, 10/3/22

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