781-640-5858
, Methuen, MA for Sale
FOR SALE
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The Woodland Street Portfolio
Methuen, MA


HIGHLIGHTS

  • Three-parcel assemblage totaling approximately 10 acres in Methuen, MA.
  • Zoning mix offers potential rezoning opportunities for redevelopment to multifamily or institutional use.
  • On-site parking supporting approximately 80 vehicles with efficient site circulation.
  • Campus-style configuration conducive to healthcare, religious, or educational users.

OVERVIEW

Please contact Tyler or James for details. 128 CRE is pleased to present a unique opportunity to acquire 72, 76, and 84 Woodland Street in Methuen, Massachusetts (the “Property”), a ±10-acre assemblage offering significant potential as a redevelopment site and/or owner-user campus. The Property consists of three parcels, including a ±9,313 SF commercial building at 76 Woodland Street and two single-family residences at 72 and 84 Woodland Street. The existing improvements provide immediate occupancy potential while also offering a compelling opportunity for repositioning or redevelopment. Given its scale, frontage, and layout, the site is well-suited for a variety of end users, including healthcare providers, religious organizations, educational institutions, and other groups seeking a campus-style environment. Alternatively, investors and developers can capitalize on the site’s size and configuration to unlock long-term value through a comprehensive redevelopment strategy. The Property is currently zoned RD (Single Residence), with abutting parcels zoned BL (Business Limited), presenting a potential pathway for future rezoning or repositioning. This dynamic creates the opportunity to pursue a larger-scale residential development, including multifamily or senior housing, potentially via a Chapter 40B structure. This rare offering combines near-term functionality with long-term upside, making it an attractive opportunity for both owner-users and value-add investors seeking scale and flexibility in the Merrimack Valley.

ASK ABOUT THIS PROPERTY

781-640-5858

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781-640-5858

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