22-26 School St
$1,925,000
6,721
Sqft
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$1,925,000
6,721
Living Area
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Property Description
Mixed-use investment opportunity in the heart of Merrimac. This 1.164± acre Village Center-zoned property consists of two separate buildings: a 2,962 SF professional office building, constructed in 2013 and leased to an established dental practice, and a 3,759 SF two-family residence with two income-producing apartments (one 2-bedroom, one 4-bedroom). Diversified income from commercial and residential tenants provides stable cash flow, with upside potential from rental growth. Redevelopment possibilities exist as well. Well located near I-495 and MA 110, with convenient access to Newburyport, Amesbury, Haverhill, and Southern NH. Ideal for investors, 1031 exchange buyers, developers, family offices, or owner-users seeking supplemental rental income. Current financial information is available upon execution of a Confidentiality Agreement. Prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition. All trade fixtures for the commercial space are the property of the tenant and will not transfer with the sale. This parcel also offers frontage on Broad St.
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Highlights
- Acres: 1
- Year Built: 1855
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Roof: Shingle
- Zoning Description: Legal Conforming
- Zoning: Vc
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Fees / Taxes
- Tax Year: 2026
- Taxes: $14,725
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Listing information provided courtesy of Keller Williams Realty.
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