76 Woodland St - Medical FOR SALE


Methuen, MA 01844 | 
$3,450,000 USD
781-640-5858
76 Woodland St, Methuen, MA for Sale
$3,450,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

NEW


76 Woodland St
Methuen, MA 01844


HIGHLIGHTS

  • Existing office and medical building available for owner occupancy.
  • Accessibility features, sprinkler systems, and fire alarms in place.
  • HVAC system upgraded in 2023.
  • Suitable for healthcare, nonprofit, educational, and office users.
  • Suitable for healthcare, nonprofit, educational, and office users.
  • Located within the Merrimack Valley near Massachusetts and New Hampshire markets.

OVERVIEW

76 Woodland Street offers an opportunity to acquire a standalone 15,606 square foot office and medical facility in Methuen, Massachusetts. Constructed in 2004, the three-story building is well positioned for a variety of owner-user and institutional requirements, including healthcare, professional office, nonprofit, educational, and community-service uses. The property features accessibility improvements, sprinkler and fire alarm systems, on-site parking, and HVAC equipment installed in 2023. The offering also provides additional acquisition optionality for buyers seeking more land or a larger overall footprint. An approximately 8.08-acre parcel located directly behind 76 Woodland Street may be available for purchase and could provide opportunities for ancillary uses supporting the main commercial facility. The residential properties located immediately on either side of the commercial building, 72 Woodland Street and 84 Woodland Street, may also be available for acquisition, providing further flexibility depending on a buyer’s requirements. The property’s Merrimack Valley location provides convenient regional connectivity via Interstate 93, Route 213, and Interstate 495, with access throughout northeastern Massachusetts and southern New Hampshire. With an existing commercial facility as the centerpiece of the offering and the potential to acquire adjacent land and residential parcels, 76 Woodland Street provides an owner-user with the opportunity to control a well-maintained facility today while preserving additional flexibility for its long-term real estate needs.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

RD / BL

APN/PARCEL ID

METH-000616-000151-000143C

ASK ABOUT THIS PROPERTY

781-640-5858

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781-640-5858

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