FOR SALE
$ 1,549,000
5 Pleasant Street
Methuen, MA 01844
Other
Residence
N/A
Acre Lot
1of
Map
Photos
Courtesy: Janet Faulkner - Keller Williams Realty Success
Last Updated: 11/19/2017 1:49 AM
Don't miss this Investment or Redevelopment opportunity in the heart of the Methuen, MA business district, widely known as the Historic Red Tavern. Over 20,000sf of office and restaurant space in the current building, situated on a .4 acre city lot. The opportunity that exists is for either redevelopment of this parcel, or the current investment use, which features an established tenant roster, with the anchor tenant being Mi Mexico Lindo restaurant. Conveniently located in close proximity to I-93 and I-495. Significant vehicle and pedestrian traffic. This complex has 3 stories and over 40 parking spots. There is a common kitchen. There are 5 common restrooms as well as 3 private full baths. The building is currently over 85% occupied and grosses over $155,000 in annual income. This parcel can be combined the adjacent property at 275 Broadway.
4653092
Other
Essex County
1900
Public Water Service
Public Sewer
Courtesy: Janet Faulkner - Keller Williams Realty Success
John E. White License # 65337 johnE.white@xome.com 844-400-XOME (9663) Xome Inc, License # 68390 6 Flintlock Road Salem, New Hampshire 03079
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