15 Church St - Storefront Retail/Office FOR SALE


Merrimac, MA 01860
$799,000 USD
978-423-5235
15 Church St, Merrimac, MA for Sale
$799,000 USD
Storefront Retail/Office - FOR SALE
1/36
null | Request Cap Rate

15 Church St
Merrimac, MA 01860


HIGHLIGHTS

  • Central Location in Merrimac Square. Several potential uses in VC Zoning.
  • Two active street-level retail spaces
  • Three multi-family apartments

OVERVIEW

Own a piece of Merrimac’s history with this unique mixed-use commercial and residential building, formerly home to a local hardware store. Located just off Hwy 495 in the vibrant downtown area, this property is zoned VC, offering maximum flexibility with minimal restrictions. The upper two levels feature a multi-family residential layout with three rental apartments: One one-bedroom unit, and two two-bedroom units, all currently occupied on a tenant-at-will basis. At street level, there are two commercial storefronts, with the potential to split the rear portion of the former beauty salon into a third rentable commercial space. The large, unfinished basement provides abundant storage space with convenient 2 ground-level accesses from the rear of the building. While there is limited parking available on the side, there may be potential to add parking in the rear/side of the building. . Actual revenue and expense details will be made available to serious prospective buyers.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1856

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

Village Central

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff SmithAdvisors Living Real EstateMore Info
978-423-5235

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Jeff SmithAdvisors Living Real EstateMore Info
978-423-5235

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.