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Bean Group
Offered at $750,000Active
beds
—
baths
—
sq ft
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Built
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281 Broadway

Methuen, MA 01844

About this home

Buyer to do their own DUE Diligence .Mixed use/Central business District (CBD).Approximate half Acre in the historic district of Methuen at the corner of Broadway (rt.28)and pleasant st. near I-93, Rt 213 close to New Hampshire Border. Central business district is composed of all those areas so designated on the Official zoning map. it includes Retail, Service, Offices and Residential uses, CBD be a place of diversity and a mixture of uses. also see 40R Zoning ordinance which allowed 30 units per acre (15 units 1/2 acre) that's not included Ground-floor Nonresidential dimensional regulation allowed 4 stories 45 ft. height by right, SEE Attached plan , Buyer may have a better plan or idea as a subdivision with a 170 ft frontage and 75 ft on pleasant st. Many opportunities with city Approval.

Listing last checked: Listing updated:

Listed by Kamel Alhady · Coldwell Banker Realty - Belmont · MLS #73486471

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Other
Land & utilities5 property facts
Lot size
0.53 acres
Water
Public, At Street
Sewer
Public Sewer, At Street
Pool
Not reported
Zoning
CBD
Financial2 property facts
Annual taxes
$4,696
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $750,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,184 / monthAdjust
Principal & interest
$3,792
Property tax
$391
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,696. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Exp

    $750,000 · Apr 10, 2025

  2. Ter

    $789,900 · Mar 4, 2025

More property insights

Automated value estimate $776,240

Estimated range $546,123–$1,006,357.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: excellent

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About 281 Broadway

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Request a tour of 281 Broadway and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.