ShopitandProfit.com

1111 Riverside Drive Methuen MA 01844 | 72955705

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.

Property Details

Price:
$2,900,000
MLS #:
72955705
Status:
Active
Beds:
0
Baths:
0.00
Address:
1111 Riverside Drive
Type:
Commercial
City:
Methuen
Listed Date:
Mar 22, 2022
State:
MA
ZIP:
01844
Lot Size:
71,478 sqft / 1.64 acres (approx)
Year Built:
1903

Schools

Interior

Exterior

Roof
Metal

Financial

Buyer Agent Compensation
2%
Tax Year
2022
Taxes
$35,553

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

1111 Riverside Drive
Methuen, MA