7-17 School St, Merrimac MA 01860
Merrimac, MA 01860
$850,000
$825,000
Est. $4,812/month
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About this home
Fully rented (Long term tenants at will) in both the commercial and residential spaces. This mixed use property is in the busy village center of Merrimac Massachusetts. There are 3 residential apartments. Merrimac has long had a strong demand for rentals. Additionally there are 3 street level commercial spaces. Each unit is separately metered for utilities. This mixed use building is located 1 mile to Hwy 495, with access to points north and south. Parking is along street and in an adjacent lot. Merrimac (Pentucket School District) recently built a new state of the art High School. Zoned VC, the property has the fewest restrictions regarding potential usages.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.9%
Price Range
Property Timeline
Pending Sale
Jul 28, 2026
Offer accepted, sale pending
Price Reduced
May 15, 2026
$825,000
$25,000
(-2.94%)
From $850,000 to $825,000 (-2.9%)
Listed for Sale
Mar 2, 2026
$850,000
Original listing
Agent: David Luoma
Office: Gibson Sotheby's International Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/28/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/15/2026 | ↓ Price Reduced | $825,000 | $25,000 | - | From $850,000 to $825,000 (-2.9%) |
| 03/02/2026 | 🏠 Listed for Sale | $850,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,289 | — |
Financial Details
Annual Property Tax
$5,289
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1890
Living Area
5,459 sq ft
Lot Size
0.15 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
$5,289
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
1st Right Of Refusal To Purchase-exercised As No. Public Parking. 2 Hot Water Tanks Leased. Sq Ft Are Approx. Buyer To Perform Their Own Due Diligence Re Current/future Use Vs Permitted Uses.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
Sale Pending
Year Built
1890
Living Area
5,459 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Pentucket School District local
B+
School Safety
2024-25
1.4%
Average
1.4%
Suspensions
4.1% below state avg
Elementary Schools
3 schools
Little People's Preschool
0.5 mi
Grades PK
Dr. Frederick N Sweetsir School
0.7 mi
217 students
Less Diverse
Grades PK-02
Merrimac Heights Academy
0.9 mi
Grades PK-12
Middle Schools
3 schools
B
Pentucket Regional Middle School
3.6 mi
|
#163 of 352
|
Score: 43.3
Improved 41 spots from last year
-14.9 below state avg
335 students
Less Diverse
Rising School
Grades 07-08
B
Amesbury Middle School
3.9 mi
|
#173 of 352
|
Score: 42.7
Improved 50 spots from last year
-15.5 below state avg
364 students
Moderate
Rising School
Grades 06-08
C
John G Whittier School
4.6 mi
|
#273 of 352
|
Score: 34.0
Improved 26 spots from last year
-24.2 below state avg
487 students
Diverse
Rising School
Grades 05-08
High Schools
3 schools
A-
Whittier Regional Vocational School
1.9 mi
|
#93 of 346
|
Score: 60.7
Dropped 4 spots from last year
+2.5 above state avg
1,285 students
Diverse
Early College Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
B+
Amesbury High School
3.3 mi
|
#109 of 346
|
Score: 59.5
Dropped 36 spots from last year
+1.3 above state avg
481 students
Moderate
16 sports
• 928 athletes
Strong AP Program
College Ready Curriculum
Strong Athletics
Grades 09-12
A
Pentucket Regional Senior High School
3.6 mi
|
#69 of 346
|
Score: 64.7
Dropped 1 spots from last year
+6.5 above state avg
578 students
Less Diverse
19 sports
• 1,514 athletes
Strong AP Program
High Graduation Rate
Strong Athletics
Grades 09-12
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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
$441
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
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.
Location
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Neighborhood
7-17 School St, Merrimac MA 01860
Merrimac, MA 01860
Listing Information
Listing Agent
David Luoma
Listing Office
Gibson Sotheby's International Realty
Office Phone
978-255-3569
Agent MLS ID
CN234063
Office MLS ID
AN7944
Listing Data Updated
Aug 5, 2026 9:44 AM 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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