-
Unit Size: 3,422 SF
-
Condo Use: Office/Retail
-
Price: $699,000 USD
-
Sale Type: Investment or Owner User
-
Price/SF: $204.27 USD
Description
Opportunity for owner-operators or investors to acquire three contiguous commercial condominium units (Units C, D & E) totaling approximately 3,422 square feet in a well-established mixed-use commercial property on Main Street in Amesbury. The units have most recently operated as a popular restaurant and food production facility and are being offered with all existing commercial kitchen equipment, fixtures, and improvements, excluding personal property.
Investment and Owner-Operator opportunity: The flexible layout offers owner-operators an excellent opportunity for a restaurant, bakery, commissary kitchen, office, retail, or other commercial use permitted by zoning and condominium documents. In addition to owner use, the property presents a prime investment opportunity to capitalize on the location and utility of the space, which benefits from ample on-site parking, strong visibility along Main Street, convenient access to downtown Amesbury, and excellent regional connectivity via I-95 and I-495. Amesbury continues to experience strong commercial activity supported by a vibrant downtown business district and a business-friendly environment.
The offering represents an opportunity to acquire an existing, built-out commercial space at a cost substantially below replacement value, reducing the time and expense associated with constructing a comparable facility. Existing commercial kitchen infrastructure offers value to food-service users, while the flexible configuration may also accommodate a variety of alternative commercial uses, subject to buyer verification of zoning, condominium restrictions, licensing, and municipal approvals. The property enjoys exposure along Main Street with an Average Annual Daily Traffic (AADT) count of approximately 8,830 vehicles, providing consistent visibility for retail, restaurant, and service-oriented businesses.
The monthly condominium fee of $697.25 includes common area maintenance (CAM), exterior building maintenance, landscaping, snow removal, master insurance, and other common expenses.
Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition.
Sale Notes
Opportunity for owner-operators or investors to acquire three contiguous commercial condominium units (Units C, D & E) totaling approximately 3,422 square feet in a well-established mixed-use commercial property on Main Street in Amesbury. The units have most recently operated as a popular restaurant and food production facility and are being offered with all existing commercial kitchen equipment, fixtures, and improvements, excluding personal property.
Investment and Owner-Operator opportunity: The flexible layout offers owner-operators an excellent opportunity for a restaurant, bakery, commissary kitchen, office, retail, or other commercial use permitted by zoning and condominium documents. In addition to owner use, the property presents a prime investment opportunity to capitalize on the location and utility of the space, which benefits from ample on-site parking, strong visibility along Main Street, convenient access to downtown Amesbury, and excellent regional connectivity via I-95 and I-495. Amesbury continues to experience strong commercial activity supported by a vibrant downtown business district and a business-friendly environment.
The offering represents an opportunity to acquire an existing, built-out commercial space at a cost substantially below replacement value, reducing the time and expense associated with constructing a comparable facility. Existing commercial kitchen infrastructure offers value to food-service users, while the flexible configuration may also accommodate a variety of alternative commercial uses, subject to buyer verification of zoning, condominium restrictions, licensing, and municipal approvals. The property enjoys exposure along Main Street with an Average Annual Daily Traffic (AADT) count of approximately 8,830 vehicles, providing consistent visibility for retail, restaurant, and service-oriented businesses.
The monthly condominium fee of $697.25 includes common area maintenance (CAM), exterior building maintenance, landscaping, snow removal, master insurance, and other common expenses.
Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition.
Janet Faulkner
KW Commercial - Faulkner Commercial Group
