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144 Elm and 22 Oakland Street 2 Industrial Properties in Amesbury, MA
Executive Summary
Nordlund Associates is pleased to present the opportunity to acquire 144 Elm Street and 22 Oakland Street in Amesbury, Massachusetts, a two-building industrial and flex portfolio totaling approximately ±50,554 square feet.
Strategically located just 1.25 miles from both I-95 and I-495, the properties offer immediate access to the greater Merrimack Valley and Seacoast markets, including Newburyport, MA and Portsmouth, NH.
The offering presents a compelling combination of stable in-place income and value-add potential. 144 Elm Street is fully leased to tenants, including Hexcel (NYSE: HXL) and GZA, providing strong cash flow, while 22 Oakland Street offers significant upside through lease-up and repositioning opportunities.
With continued demand for small-to-mid size industrial and flex space across the North Shore and limited new development, the portfolio is well-positioned
to benefit from rising rental rates and sustained tenant demand.
Strategically located just 1.25 miles from both I-95 and I-495, the properties offer immediate access to the greater Merrimack Valley and Seacoast markets, including Newburyport, MA and Portsmouth, NH.
The offering presents a compelling combination of stable in-place income and value-add potential. 144 Elm Street is fully leased to tenants, including Hexcel (NYSE: HXL) and GZA, providing strong cash flow, while 22 Oakland Street offers significant upside through lease-up and repositioning opportunities.
With continued demand for small-to-mid size industrial and flex space across the North Shore and limited new development, the portfolio is well-positioned
to benefit from rising rental rates and sustained tenant demand.
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 50,554 SF |
| Number of Properties | 2 | Total Land Area | 1.96 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 50,554 SF |
| Total Land Area | 1.96 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 144 Elm St, Amesbury, MA 01913 | Industrial | 43,469 SF | 1900 | - |
| 22 Oakland St, Amesbury, MA 01913 | Industrial | 7,085 SF | 1890 | - |
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144 Elm and 22 Oakland Street
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