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297 Elm StreetAmesbury, MA 01913Price: $1,500,000

  • Price: $1,500,000
  • Est. Mortgage of $/month
  • 140 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 2021
* 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.
  • $1,500,000List Price
  • 1.58Acreage
  • 68,825Square Feet
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Listed by Janet Faulkner of Keller Williams Realty Success
We are is pleased to present for sale this prime commercial development opportunity at the intersection of I-95, MA Route 110, and Elm St in Amesbury, MA. This assemblage of two properties totaling 1.58 acres with 4 existing curb cuts is located on Elm St, a short distance from downtown Amesbury, Newburyport, Salisbury, and the New Hampshire seacoast. The recent extension of the Amesbury/ Salisbury Rail Trail abuts the site. Neighboring businesses in the area include Hampton Inn, Fairfield Inn, Amesbury Chevrolet, Stop & Shop as well as restaurants, retail and banks in the Carriagetown Plaza and Crossroads Plaza. This site benefits from significant traffic on Route 110 (22,248 VPD), Elm St (11,108 VPD, and I-95 (59,681 VPD). Two additional lots totaling .96 acres owned by MassDOT may be able to be added to this assemblage. A previous developer applied for a 4 story, 115 room hotel on this combined site. The site is located in the Office Park (OP) Zoning District and is within the Priority Development Overlay District (PDOD) and the Elm St Overlay District (ESOD). Many uses are allowed by right or special permit. All information was obtained from the owner and public records. Prospective buyers are encouraged to conduct due diligence as to material facts and suitability of this opportunity for their purpose.

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 6, 2021.

 

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