8 Church Street, Merrimac, MA 01860 | MLS 72483242 | Listing Information | Bowes Real Estate

8 Church Street,  Merrimac MA, 01860

(Active)
$1,999,999
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MLS# 72483242
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Last Updated: 6/18/2019 4:29 AM
Description for 8 Church Street Merrimac, MA 01860
3 Buildings in the center of town being sold as one package. Developers and investors take notice. Retail, offices, and apartments included in this one of a kind offering. 8, 10, and 18 Church Street with 21+ units. Set in the village center (VC) zone in Merrimac Square, VC zoning has zero setbacks and allows 100% coverage. Possible 40b site? These buildings are all on their own separate parcels. Rent, renovate, or replace all or individually. New owner can keep all, or sell as they desire. Most of the 21+ units are rented, including some very long term tenants, and the current rent/income figures reflect longevity of certain tenants and can be adjusted. Being offered as a package to maximize the usage. Plenty of off street parking. This is a unique opportunity to own a large part of the downtown.
Price
$1,999,999
Essex
72483242
Active
Description
3 Buildings in the center of town being sold as one package. Developers and investors take notice. Retail, offices, and apartments included in this one of a kind offering. 8, 10, and 18 Church Street with 21+ units. Set in the village center (VC) zone in Merrimac Square, VC zoning has zero setbacks and allows 100% coverage. Possible 40b site? These buildings are all on their own separate parcels. Rent, renovate, or replace all or individually. New owner can keep all, or sell as they desire. Most of the 21+ units are rented, including some very long term tenants, and the current rent/income figures reflect longevity of certain tenants and can be adjusted. Being offered as a package to maximize the usage. Plenty of off street parking. This is a unique opportunity to own a large part of the downtown.
Listing Information
Property Type: General Commercial, 3+ Story
0.75 Acres 1881 4
Public Water Service
Public Sewer
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
30 Parking Spaces, Open Parking, On Site
Frame
Shingle
None
VC
Downtown
Driving Directions
Merrimac Square to Church. Listing includes 8, 12, and 18 Church Street. All three buildings.
Financial Considerations
$21,535
2019
Listing Price History

Merrimac Real Estate

Merrimac is located in Massachusetts. Merrimac, Massachusetts 01860 has a population of 6,800.

The median household income for the surrounding county is $68,776 compared to the national median of $53,482. The median age of people living in Merrimac 01860 is 41 years.

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Courtesy: Philip Bowler - BENTLEY'S
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.
This content last refreshed on 6/18/2019 4:29 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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