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5 Wallace St # U4, Methuen MA 01844

Methuen, MA 01844
$2,000
Est. $468/month
1,721
Sq Ft
$1
Price/Sq Ft
0.23
Acres
1985
Year Built
22
Days on Market
Active Price Drop -$950 Listed Mar 13, 2026 • MLS# 73486670 Copied!

About this home

High-visibility location ideal for your next business venture! Versatile commercial office/retail condo w/updated interior suited for professional offices, medical, beauty/esthetic suites, salon concepts or boutique retail. Functional layout offers 5 private offices/rooms, reception area & 1.5 baths. Features include tiled flooring, recessed lighting & granite counters. The finished lower level adds 2 large rooms and storage, ideal for additional office space, breakroom or workspace. Total sq ft includes finished level. Two-zone central air & forced hot air systems provide year-round comfort. Exterior, roof & parking maintained by condo association. Ample parking. Triple net lease: tenant responsible for property taxes, insurance, condo fee, utilities & interior maintenance. Convenient access to major highways, shopping, dining & services. Excellent opportunity to establish or expand your business in a highly accessible commercial setting with strong visibility & steady traffic flow.

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Property Overview

Listing Type
Commercial Lease
Year Built
1985
Living Area
1,721 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1985
Living Area 1,721 sq ft
Lot Size 0.23 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Water Available, Sewer Available, Fiber Optic

Financial

Annual Tax $3,099

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1985
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:

Parking & Garage

Parking Features:

Location

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Neighborhood

5 Wallace St # U4, Methuen MA 01844

Methuen, MA 01844

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $258
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
32.2%
Price Range

Property Timeline

Price Reduced
Apr 2, 2026
$2,000 $950 (-32.2%)
From $2,950 to $2,000 (-32.2%)
👤
Agent Changed
Apr 2, 2026
Modern Nest Group →
🏠
Listed for Sale
Mar 13, 2026
$2,950
Original listing
Agent: Modern Nest Group Office: Modern Nest Group

Price & Status History

Date Event Price Change
Apr 2, 2026 Price Changed $2,000 -$950
Mar 13, 2026 New Listing Added $2,950

Market Statistics

Days on Market
22 days
Price per Sq Ft
$1
Total Price Drop
-$950

Tax History

Year Taxes Assessment
2025 $3,099

Financial Details

Annual Property Tax
$3,099
Tax Year 2025

Listing Information

Listing Agent Natalya BenMoshe
Listing Office Modern Nest Group
Agent MLS ID CN261117
Office MLS ID AN8899
Listing Data Updated Apr 1, 2026 10:22 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Methuen, MA

Real-time market trends and pricing data for this area

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Steven Novak

BMN Boston Real Estate

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