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Closed

1 Merrimac St Newburyport. MA 01950

$449,900

Commercial Sale

0 Bedrooms

0 Bathrooms

0 sq ft

0 Parking Spots

Built in 1984

Great opportunity to own a piece of downtown Newburyport. 835 square feet of space. 835 square feet of space with private 1/2 bath and rear access for deliveries adjacent to a municipal parking lot. Great foot traffic with views of waterfront park.

This listing has been viewed 6 times in the past 206 days

Last Updated: May 6th, 2024 at 11:46pm

General Information for 1 Merrimac St, Newburyport, Massachusetts 01950

Property TypeCommercial Sale

Price$449,900

MLS #73047040

List Date2022-10-12

Special Listing Conditions

StateMassachusetts

Street NameMerrimac St

Unit

CityNewburyport

Zip Code01950

CountyEssex

MLS Status

AssociationNo

Heat Zones

Sold Date

Building Area Total

Building Area Units0

Close Date17/02/2023

Close Price$445,000

Listing Service

UnparsedAddress1 Merrimac St # 3, Newburyport MA 01950

Zoning

Zoning DescriptionLegal Conforming

Business TypeCommercial Condo

Interior Features for 1 Merrimac St, Newburyport, Massachusetts 01950

* Approx. Living Area Total0 sq ft

MLS Area (Major)

OffMarketDate05/02/2023

Exterior Features for 1 Merrimac St, Newburyport, Massachusetts 01950

* Parking Spaces0

* Year Built1984

Year Built Details

Year Built Source

Construction Materials

Approx. Street Frontage

Utilities

Disclosures for 1 Merrimac St, Newburyport, Massachusetts 01950

Buyer Agent Compensation2

ContingencyPending P&S

Financing

Disclosures

Documents Available

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSURE

Lead PaintUnknown

Facilitator Compensation2

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 1 Merrimac St, Newburyport, Massachusetts 01950

Association Fee$0

Association Fee Frequency

Associaton Fee Includes

AssociationNo

Assessed Value

Real Estate Tax$0

Tax Year

Existing Lease TypeGround Lease

OriginalListPrice$449,900

Lifestyle Information for 1 Merrimac St, Newburyport, Massachusetts 01950

Association Amenities

Frontage Type

GarageYNNo

Location information for 1 Merrimac St, Newburyport, Massachusetts 01950

Marketing History for 1 Merrimac St, Newburyport, Massachusetts 01950

MLSPIN_MARKET_TIME_BROKER

MLSPIN_MARKET_TIME_PROPERTY

PurchaseContractDate2023-01-23

Agent Information for 1 Merrimac St, Newburyport, Massachusetts 01950

Agent MLS IDTM342293

Office MLS IDAN4850

Buyer Agent MLS IDCN202537

Buyer Office MLS IDAN6849

Team Members

Exclusive Listing Agent

Person + Person Group

William Raveis Real Estate

Agent Phone

(978) 660-0967

Office Phone

(978) 462-0500

Text Agent Call Agent Call Office

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            [type] => number
            [name] => STREET_NUM
            [value] => 1
        )

[field_3098] => Array
        (
            [field_id] => 3098
            [type] => text
            [name] => TransactionBrokerCompensation
            [value] => 2
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 27465
            [unit_id] => 260
            [value] => $27,465
            [price_only] => $27,465
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 978-462-0500
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 978-660-0967
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[field_3185] => Array
        (
            [field_id] => 3185
            [type] => text
            [name] => BuyerAgencyCompensation
            [value] => 2
        )

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 0
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3204] => Array
        (
            [field_id] => 3204
            [type] => text
            [name] => ExistingLeaseType
            [value] => Ground Lease
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 32400
            [unit_id] => 260
            [value] => $32,400
            [price_only] => $32,400
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 12/10/2022
        )

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 0 Sqft
            [raw] => 0
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 05/02/2023
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 4935
            [unit_id] => 260
            [value] => $4,935
            [price_only] => $4,935
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 449900
            [unit_id] => 260
            [value] => $449,900
            [price_only] => $449,900
        )

[field_3237] => Array
        (
            [field_id] => 3237
            [type] => date
            [name] => PurchaseContractDate
            [value] => 23/01/2023
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 1 Merrimac St # 3, Newburyport MA 01950
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3246] => Array
        (
            [field_id] => 3246
            [type] => text
            [name] => ZoningDescription
            [value] => Legal Conforming
        )

[f_3247] => Array
        (
            [field_id] => 3247
            [type] => feature
            [name] => BusinessType
            [values] => Array
                (
                    [0] => Commercial Condo
                )

)

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 12/10/2022 14:20:00
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

)

EXIT