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7-17 School St, Merrimac MA 01860

Merrimac, MA 01860
$850,000
$825,000
Est. $4,812/month
5,459
Sq Ft
$151
Price/Sq Ft
0.15
Acres
1890
Year Built
137
Days on Market
Active Price Drop -$25,000 Listed Mar 2, 2026 • MLS# 73481593 Copied! • Updated May 19, 2026

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

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

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
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $5,289
Fee Includes None
Amenities None
Optional Fee Includes None
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.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1890
Living Area
5,459 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
School District
Pentucket School District local
B+
School Safety 2024-25
1.4% Average
1.4% Suspensions
4.1% below state avg
E

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
M

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
H

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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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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

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.

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 May 19, 2026 3:05 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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