CCertihomes
38-40 Market St #1, Amesbury, MA 01913

$685,000

0 beds 0 baths 4,181 sqft Built 1910Active

About this home

This location is ideal for the right business to move right in. On one side, you have a long- standing, high-traffic pizza restaurant that currently leases under market value. Restaurant owners; lease will not be renewed. Next door boasts 2500 sq ft of space that could stand for wonders with the imagination and talent of any business. Space would work great for a professional accountant, law firm, wellness or holistic center, retail store, any medical professional, franchise, daycare, fitness gym, the list goes on! The building also has potential for expansion on air space for a possible mixed-use building. Recent upgrades and renovations leave this space ready with two separate areas, each with 4 office spaces, or take down the nonsupporting wall and open up all offices into one area. Two full bathrooms with stand up showers are an added bonus to this space. With a prime location in beautiful Downtown Amesbury, this space/building is an ideal investment for any business or developer

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$6,194/mo

Real estate (PITI + HOA + PMI)
$5,921
Principal + interest$4,417
Property tax + insurance$1,247
PMI / 2nd mortgage$257
Utilities
$641
Heating + cooling$159
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$157
$6,194/mo TLC
Budget$6,694/mo
Remaining after TLC$500/mo
Purchase price
$685,000
Down payment
$34,250 (5%)
Loan amount
$650,750
APR
7.2%

Quick facts

Type
COM
Style
Year built
1910
Lot size
0.14 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$5,536
MLS #
73220189
County
Essex

Home features

Roof
Asphalt/Composition Shingles

Neighborhood — 01913

MetricThis ZIPCountyUSA
Population17,6136,444,931299,088,112
Population Change Since199013.00%7.00%20.00%
Population Density1,275786
Male8,5783,127,134147,432,321
Female9,0353,317,797151,655,844
Never Married3,4221,612,88563,775,926
Married7,6732,586,314123,120,365
Separated446247,85712,639,686
Widowed941363,59415,467,586
Divorced1,396436,88823,075,029
Number Of House Hold6,7882,431,591111,826,380
Average House Hold Size2.542.562.60
Medial Age36.7937.2535.46
Median House Hold Income$62,149$57,698$48,276
Average House Hold Income$72,619$75,023$63,629
P C I$29,098$29,196$24,529
M D I$51,448$48,105$41,133
A T H E$56,092$57,083$50,898
S T R5.00%5.00%
W C J75.43%81.38%77.74%
(Zip) Code
1913

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/4/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.