88 Oak Street, Methuen, MA 01844
88 Oak Street & 0 Delmont Street, Methuen, MA 01844
0.94 AC Infill Development Site | Two Parcels | Three Street Frontages
INVESTMENT HIGHLIGHTS
EXECUTIVE SUMMARY
The offering is two parcels facing each other across Delmont Street. The first is a 0.263 AC corner lot on Oak Street with a ±5,618 SF building, long home to the Sahara Club. The second is a 0.677 AC paved lot that runs through to Dexter Street.
The site is zoned RD (Single Residence D), which allows single-family detached homes. Attached dwellings are not allowed in RD, either by right or by special permit, so any attached units would need zoning relief. None is currently in place. Early conversations with the City of Methuen have taken place, and the seller will consider a flexible permitting timeline for a qualified buyer.
PROPERTY FACTS
Sale Type | Investment or Owner User |
Property Type | Land |
Property Subtype | Residential |
Proposed Use | Single Family Development, Multifamily |
Total Lot Size | 0.94 AC (0.263 + 0.677), two parcels divided by Delmont St |
Zoning | RD – Single Residence D |
Existing Improvements | ±5,618 SF |
Frontage | Oak St, Delmont St, Dexter St |
Utilities | At street, both parcels |
The City's feedback was preliminary and non-binding. It is not an approval, permit, or commitment of any kind, and no representation is made as to approvability, density, or program. Buyers should do their own due diligence. All terms are subject to negotiation.
0.94 Acres lot
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