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 active 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 ground-level access 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. Actual revenue and expense details will be made available to serious prospective buyers.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$111 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

MERR-000001-000002-000006-A000000-A00000

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 Policy.