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295-297 Elm StreetAmesbury, MA 01913Price: $1,500,000

  • Price: $1,500,000
  • Est. Mortgage of $/month
  • 53 Days on Market
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Federal 30-year interest rate: 2.79% last updated on Jan 14, 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

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Listed by Faulkner Commercial Group and Janet Faulkner of Keller Williams Realty
Prime commercial development opportunity at the intersection of I-95, MA Route 110, & 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 Rail Trail abuts the site. Neighboring businesses in the area include Hampton Inn, Fairfield Inn, Amesbury Chevrolet, Stop & Shop as well as restaurants, retail & banks in the Carriagetown Plaza & 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 (PDOD) & Elm St (ESOD) Overlay Districts.

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