1111 Riverside Dr, Methuen, MA

$3,200,000

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1.64

Acres

About 1111 Riverside Dr

Investment opportunity in a well-known Methuen Ma location right off of Rte 93 and Rte 110. 11 units in total 9 out of the 11 currently leased. The two available units are roughly 1500 and 2500 sq ft. Owner occupy the available spots or lease out for additional income. The property is currently about a 5.7% cap rate with a potential to be an 8+ by leasing out the two vacant units.

Features of 1111 Riverside Dr

MLS® # 72955705
Price $3,200,000
Bathrooms 0.00
Acres 1.64
Year Built 1903
Type Commercial Sale
Status Active

Community Information

Address 1111 Riverside Dr
City Methuen
County Essex
State MA
Zip Code 01844-2240

Amenities

Parking Spaces 65
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Zoning BH

Listing Details

AgentHenry Matos
OfficeCoco, Early & Associates

Listing Map

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