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$ 2,000,000
Est. payment | /mo
5,618 SqFt
$ 2,000,000
Est. payment | /mo
5,618 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,618 sqft
Price per Sqft $355
MLS Listing ID 73587998
HOA Y/N false
Year Built 1984
Annual Tax Amount $16,869
Tax Year 2026
Lot Size 0.940 Acres
Acres 0.94
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.
Location
State MA
County Essex
Zoning RD
Direction Use GPS
Exterior
Utilities Available Natural Gas Available
Roof Type Asphalt/Composition Shingles,Rubber
Others
Senior Community false
Listed by eXp Realty LLC - Corporate Office
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