Investment Overview
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.
Investment Highlights
- Fully approved 124 unit development project
- 10% affordable component
- 153 parking spaces