9 Oakland St
- Fully approved 124 unit development project
- 10% affordable component
- 153 parking spaces
Property Description
New England Realty Advisors LLC is pleased to present 9 & 9R Oakland St for sale, located in Amesbury, MA. This is a rare opportunity to acquire and reposition a landmark New England mill into a 124-unit mixed-use community in the supply-constrained Merrimack Valley, just 40 minutes north of Boston. This adaptive-reuse offering pairs authentic historic character with modern loft living across a diversified unit mix — 14 studios, 69 one-bedrooms, 32 two-bedrooms, and 9 artist live/work spaces — anchored by three ground-floor commercial suites and 153 on-site parking spaces. Acquirable at a low basis of roughly $35,000 per unit. The existing building consists of 76,674 SF of vacant space; this is a great opportunity for an adaptive reuse developer or an owner-user looking for a well-located building for their business. All interested parties will have the opportunity to obtain additional information upon request.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,340,000 |
| No. of Units: | 127 |
| Year Built: | 1888 |
| Lot Size: | 1.03 Acres |
| Opportunity Zone: | No |
| Price per unit: | $34,173 |
| Property Website | Click Here |
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout