Located in the heart of downtown Amesbury, this mixed-use property features two vacant street-level commercial spaces and a spacious one-bedroom apartment, which is leased through June 2027. The building has benefited from substantial improvements over the years, including updates to major systems, utilities, windows, siding, and fire safety components. Investors will appreciate the existing income and long-term upside, business owners can take advantage of the flexible commercial space and prime downtown visibility, and owner-occupants may find a unique opportunity to combine business and residential use under one roof. With strong foot traffic, nearby public parking, and versatile space suitable for retail, office, restaurant, wellness, or service uses, this is a rare opportunity in one of the North Shore's most vibrant downtown districts.
14-16-18 Friend St, Amesbury, MA, 01913
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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