88 Oak St, Methuen MA 01844

Methuen, MA 01844
$2,000,000
Est. $11,719/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5,618
Sq Ft
$356
Price/Sq Ft
0.94
Acres
1984
Year Built
8 hours 20 minutes
Time on Market
For Sale Listed Oct 7, 2026 • MLS# 73587998 Copied! • Updated Oct 7, 2026

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About this home

Two parcels, three street frontages, and approximately 0.94 acres create a distinctive opportunity in Methuen. Offered together, 88 Oak Street and 0 Delmont Street combine an approximately 5,618 SF building, long home to the Sahara Club, with a separate paved parking parcel extending to Dexter Street. A spacious main hall, mezzanine, bar area, stage, and kitchen complement the existing building, while curb cuts, utilities at the street, and convenient access to Route 213, I-93, and The Loop add practical appeal. Early conversations with the City of Methuen have taken place, with preliminary, non-binding feedback pointing to a potential redevelopment program of 4–6 attached units plus 3–4 single-family homes. The site is zoned RD (Single Residence D), which allows single-family detached homes; attached units would require zoning relief. The seller will consider a flexible permitting timeline for a qualified buyer. Buyers to verify lawful uses, development feasibility, and required approvals. No development approvals are represented.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Oct 7, 2026
$2,000,000
Original listing
Agent: Creatini Group Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2026 $16,869 —

Financial Details

Annual Property Tax
$16,869
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1984
Living Area 5,618 sq ft
Lot Size 0.94 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Asphalt/composition Shingles, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Natural Gas Available

Financial

Annual Tax $16,869
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1984
Living Area
5,618 sq ft

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1984
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles, Rubber
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
Methuen School District local
C-
⚠ School Safety 2024-25
4.6% Above Average
4.4% Suspensions 1.5% In-School 0.2% Emergency
↓ 0.9% below state avg
E

Elementary Schools

3 schools
C
Edward F. Parthum School
0.7 mi | #616 of 825 | Score: 39.8
Improved 66 spots from last year
-18.4 below state avg
626 students Less Diverse
Rising School
Grades K-04
Rollins Early Childhood Center
1.1 mi
139 students Less Diverse
Grades PK-K
F
Francis M. Leahy School
1.3 mi | #812 of 825 | Score: 25.6
Improved 21 spots from last year
-32.6 below state avg
461 students Less Diverse
Rising School
Grades PK-04
M

Middle Schools

3 schools
C-
Parthum Middle School
0.7 mi | #290 of 352 | Score: 32.4
Dropped 12 spots from last year
-25.8 below state avg
572 students Less Diverse
Grades 05-08
F
Oliver Middle School
1.5 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students Less Diverse
Grades 05-08
Esperanza Academy
1.6 mi
Grades 05-06
H

High Schools

3 schools
B-
RISE Academy
1.4 mi | #223 of 346 | Score: 66.7
Same rank as last year
105 students Less Diverse
College Ready Curriculum
Grades 06-12
C+
Methuen High School
1.4 mi | #218 of 346 | Score: 50.6
Improved 35 spots from last year
-7.6 below state avg
1,751 students Diverse
18 sports • 1,820 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.5 mi | #182 of 346 | Score: 69.9
Same rank as last year
133 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,406
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

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Current Rate
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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

88 Oak St, Methuen MA 01844

Methuen, MA 01844

Listing Information

Listing Agent Creatini Group
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID TM358164
Office MLS ID AC0342
Listing Data Updated Oct 7, 2026 5:43 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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