This Property is no longer advertised on Showcase.com.
Off Market
1/20

386 Merrimack St
Methuen, MA 01844


HIGHLIGHTS

  • Office Condo space
  • Ability to house large workforce
  • Sub-dividable, suites available

OVERVIEW

Multiple office spaces offered on second and third floor with ample natural lighting and the ability to house large workforce. Third floor offices have the ability to connect. Prime North Shore location minutes away from highways. Ideal office space for medical/healthcare, accountants, day-care, law offices, and other small businesses. First floor entrance includes automatic doors with handicap parking spots immediately outside. Elevator access in the lobby. Building houses multiple medical offices including dentist, pediatric, rehabilitation hospital and outpatient clinic. Available units are in shell conditions and have not been fit-out. Office condo space consist of standard office finish with offices, conference room, reception area, and handicap bathrooms. Restrooms have tiled floors with tiled or painted walls as well as fixtures that are commercial quality. Units Available include: 2-A at 2,642 SF, 2-B at 2,452 SF, 2-C at 2,773 SF, 3-A at 2,629 SF, 3-C at 2,773 SF, and 3-D at 5,434 SF. Sale Price: $150.00 per SF (includes the completed build-out.) Lease price: $19.00/NNN Condo fee breakdown/monthly 2A: $491.00 2B: $421.00 2C: $490.00 3A: $492.00 3C: $519.00 3D: $1017.00 Parking lot available nearby. Tenants at the condominium have non-exclusive parking access to all 150 surface parking spaces in the development.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Medical Office Suites

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

43803

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.5 AC AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

METH-001109-000078-E000132B