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$3,200,000
198 Days Online

1111 Riverside Dr
Methuen, MA 01844

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1903
Built
County:
Essex

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1111 Riverside Dr1111 Riverside Dr1111 Riverside Dr1111 Riverside Dr
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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.

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Listing Snapshot
Price 
$3,200,000
Days Online 
198 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.64 Acres
Year Built 
1903
MLS Number 
72955705
Status 
Active
Property Tax 
$35,552
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
7 months agoListing first seen online
General Features
Acreage 
1.64
Zoning 
BH
Buyer Agent Compensation 
2 %
Facilitator Compensation 
2 %
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Exterior Features
Roof 
Metal
Listing courtesy of Henry Matos of Coco, Early & Associates



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Data Last Updated at 2022-10-06 05:50 PM UTC

Neighborhood & Commute
Source: Walkscore
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