88 Oak Street & 0 Delmont Street
For Sale

88 Oak Street & 0 Delmont Street

88 Oak Street, Methuen, MA 01844

$2,000,000

Control of Both Sides of a Street

Two parcels, held under a single ownership, face each other across Delmont Street.

On the Oak Street corner, 0.263 acres carrying an existing ±5,618 SF structure. Directly opposite, 0.677 acres of open, paved land with its own curb cut, reaching through to Dexter Street. Together they total 0.94 acres with frontage on three public ways — Oak, Delmont, and Dexter.

Both parcels carry existing curb cuts and utility service at the street. They are offered together, under one signature.

Most Land Asks You to Guess. This Does Not.

Conversations with the City of Methuen have been started.

Preliminary feedback indicated that a residential program in the range of four to six attached units, together with three to four single-family homes, represents the most likely approvable density.

That is guidance, not permission. A buyer will run their own process, engage their own consultants, and reach their own conclusions. But there is a meaningful difference between a site where the question has never been asked and a site where it has.

The feedback described above is preliminary and non-binding. It does not constitute an approval, an agreement, a permit, or any commitment of any kind by the City of Methuen. No zoning relief has been granted. No representation is made as to approvability, density, or program.

Stated Up Front, Because It Is the Question

The site sits in Methuen's RD district — Single Residence D. Single-family detached is the permitted use.

Attached dwellings are not currently permitted in RD — not by right, and not by special permit. Any attached component of a program here requires zoning relief that has not been sought or granted.

We say this first rather than last because a buyer will find it in the first hour of diligence, and because it is precisely the risk the terms below are designed to share.

Built for a Builder, Not a Land Banker

Flexible permitting timeline.

A buyer can take control of the site and pursue approvals without closing on an outcome that has not happened yet. That single provision changes who can transact here — from a cash land buyer waiting out a market, to a builder who can put shovels in the ground.

Additional structure is available to qualified buyers. All terms are subject to negotiation and are not offered on any stated basis.

Why Infill Here Works

Route 213 and I-93 are two minutes out. The Loop retail corridor sits three minutes north. Methuen's residential fabric is established on every side of the parcels.

Utility service at the street, existing curb cuts on both parcels, and frontage on three public ways — the conditions that make infill pencil, and the reason land inside them so rarely trades.

For decades the building on the corner was the Sahara Club, a restaurant and gathering room that gave this intersection its name in the neighborhood. It is winding down, and the site is offered for its next use rather than its last one.

Sale Type

Investment or Owner User

Property Type

Land

Property Subtype

Residential

Proposed Use

Single Family Development, Multifamily

Total Lot Size

0.94 AC — two parcels (0.263 + 0.677), divided by Delmont Street

Zoning

RD — Single Residence D

Existing Improvements

±5,618 SF

Frontage

Oak St, Delmont St, Dexter St

Utilities

At street, both parcels

0.94 Acres lot

Federico Creatini

Federico Creatini

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area0.94 Acres
  • TypeLand

Financial

  • Sales Price$2,000,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 88 Oak Street, Methuen, MA 01844. We are reviewing your request and will be in touch shortly!

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