8 Church StreetMerrimac, MA 01860MLS Number 72279101

  • Price: $2,500,000
  • 158 Days on Market
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Federal 30-year interest rate: 4.53% last updated on Jul 12, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1.03Acreage
  • 2017Year Built
  • 30Parking Spaces
  • CIProp Type

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FOUR Buildings...Investors take notice. Retail, Offices, Apartments, and Condexes. This one of a kind offering includes FOUR Buildings...8, 10, and 18 Church Street, and 11-13 Grove Street, with 23+ units, which includes apartments, retail, and office spaces. One building in this package is a converted Church. Set in the Village Center (VC) zone in idyllic Merrimac Square, VC zoning has zero setbacks and allows 100% coverage. Over one acre total of contiguous land, with 443 feet of frontage on two streets. Plenty of off street, and on street parking. Most units currently occupied, including some very long term tenants. This is a unique opportunity to own a large parcel which is a large part of downtown. Use as is, convert, add, change...the possibilities are almost endless. Buildings are all on their own. Keep 1,2,3. or sell one or all. Current owner wishes to see as a package, but new owner can keep or sell as they choose.Tenant rent figures reflect longevity and could be adjusted

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces30
  • Parking FeatureOpen, 21+ Spaces, Paved Driveway, On Site

Building

  • Year Built2017
  • ConstructionOther (See Remarks)
  • Rsu Units11
  • Reu Units6
  • No Buildings4
  • No Stories3
  • SprinklersNo
  • Sub DividableYes
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg1182600
  • DividableYes
  • Undrgrnd TankUnknown

Other

  • Modification Date2018-06-27T02:54:00
  • Property TypeCommercial
  • Listing AlertNo
  • EasementsUnknown
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresThis listing includes Four Buildings with a total of 23+ units, to be sold as a complete package. Buyers and their agents must provide proof of funds/financing to view completely. Seller has provided a list (attached to MLS) of income/expenses. Buyer and
  • Book13959
  • Listing AgreementExclusive Right to Sell
  • Plat PlanNo
  • ExchangeNo
  • Page59
  • View Count1

Basic Information

  • StatusACT
  • MLS Number72279101
  • Prop TypeCI
  • Status Date2018-06-07T18:07:00
  • Date Listed02/08/2018
  • List Price$2,500,000
  • LeaseNo
  • DirectionRte 110/Merrimac Square

Property

  • Acreage1.03
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size44857
  • Handicap AccessNo
  • Assessed Value Land509800
  • Main LoF33001

Photos

  • Photo Date2018-06-27T02:54:00
  • Number of Photos24

Location

  • Building Number8
  • Street No8
  • StreetChurch Street
  • TownMerrimac
  • StateMA
  • Zip01860
  • CountyEssex
  • LocationDowntown, Free Standing, Highway Access, Public Transportation, Central Business District, Corner Lot

Exterior

  • Railroad SidingNo
  • Roof MaterialShingle, Other (See Remarks)

Utilities

  • UtilitiesPublic Water, Public Sewer, Water Available, Sewer Available, Natural Gas

Merrimac, MA Demographics

There is no data available

Merrimac, MA Real Estate Market Data

There is no data available

Merrimac, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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