5 Pleasant Street, Methuen, MA 01844

Commercial property for lease

  • Description
  • Faulkner & Associates is pleased to present for sale this Investment or Redevelopment opportunity in the heart of the Methuen, MA business district, widely known as the Historic Red Tavern. Over 20,000sf of office and restaurant space in the current building, situated on a .4 acre city lot. The opportunity that exists is for either redevelopment of this parcel, or the current investment use, which features an established tenant roster, with the anchor tenant being Mi Mexico Lindo restaurant. Conveniently located in close proximity to I-93 and I-495. Significant vehicle and pedestrian traffic.This complex has 3 stories and over 40 parking spots. There is a common kitchen. There are 5 common restrooms as well as 3 private full baths. The building is currently over 85% occupied and grosses over $155,000 in annual income. This parcel can be combined the adjacent property at 275 Broadway. Building price details: $1,549,000.
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 40
  • Contact info
  • Janet Faulkner
    Faulkner & Associates | KW Commercial NE
  • Note
  • Details Info about this row that located on 5 Pleasant Street, Methuen, MA 01844 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Lot Size: 0.420 Acres
    Number of Stories: 3
    Year Built: 1900
    Submarket: Office Building
    MSA: Boston-Cambridge-Newton
    Zoning: CBD
    Buildings: 1
    Terms: Undisclosed
    Added: 12/08/2017

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