88 Oak St, Methuen, MA 01844

Listing Courtesy of : Creatini Group ---- eXp Realty LLC - Corporate Office

$2,000,000
4
BA
5,618
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,000,000
Status
NEW
MLS#
73587998
Bathrooms
4
Living Area
5,618
Lot Size (Acres)
0.94
Year Built
1984

Property Description

Two parcels, three street frontages, and approximately 0.94 acres create a distinctive opportunity in Methuen. Offered together, 88 Oak Street and 0 Delmont Street combine an approximately 5,618 SF building, long home to the Sahara Club, with a separate paved parking parcel extending to Dexter Street. A spacious main hall, mezzanine, bar area, stage, and kitchen complement the existing building, while curb cuts, utilities at the street, and convenient access to Route 213, I-93, and The Loop add practical appeal. Early conversations with the City of Methuen have taken place, with preliminary, non-binding feedback pointing to a potential redevelopment program of 4–6 attached units plus 3–4 single-family homes. The site is zoned RD (Single Residence D), which allows single-family detached homes; attached units would require zoning relief. The seller will consider a flexible permitting timeline for a qualified buyer. Buyers to verify lawful uses, development feasibility, and required approvals. No development approvals are represented.

Additional Information

Taxes
$16,869

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.