Real Estate For Sale in...

5 Pleasant St, Methuen, MA 01844

Commercial Property MLS# 72194100 ID: 46277006
$1,549,000 Get Rates

Commercial Interest - Methuen, MA
We are 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.

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Location Information near 5 Pleasant St
Offered by Keller Williams Realty

Would you like more information regarding this property?
Please call (978) 475-2111.

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Property Features for 5 Pleasant St
Market Status
Last Updated
October 16, 2017
Property Type
Commercial Property
Year Built
Approx. Lot Size
0.42 Acres
Sq. Feet

Building Features

  • Roof: Asphalt
  • Stories: 3.0

Exterior Features

  • Parking: 40 spaces


  • Taxes: 23673 (2017)

Listing Features

  • Property Type: Commercial;
  • Keller Williams Realty

Data Provided by:
MLS Property Information Network Inc

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More information about this $1,549,000 Commercial Property at 5 Pleasant St

This $1,549,000 Commercial Property at 5 Pleasant St in Methuen, MA is presented by Faulkner & Associates. This $1,549,000 Commercial Property, located in the 01844 zip code, has the following property features: Roof, Stories, Taxes, Parking. This 5 Pleasant St Commercial Property, located in Essex County , is listed under MLS listing number 72194100 and has a listing price of $1,549,000. You can find more METHUEN homes for sale here.