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$850,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Fully rented (Long term tenants at will) in both the commercial and residential tenants. 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.

Full Property Details for 7-17 School St

General

  • Price: $850,000
  • Taxes: $5,289 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73481593
  • Updated: 3/2/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Essex

Structural Information

  • Square Feet: 5,459
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.15

Financial Considerations

  • Tax Amount: $5,289
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: 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.
  • Property ID: M:0007 B:0001 L:00005

Listed by Gibson Sotheby's International Realty, David Luoma

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Listing agent

— 7-17 School St —

  • David Luoma

    Gibson Sotheby's International Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 7-17 School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Listed
$850,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7-17 School St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,289
17%
$399,200
19%
2024
$4,523
-5%
$335,000
4%
2023
$4,759
-10%
$322,200
—
2022
$5,265
—
$322,200
—
2021
$5,252
10%
$322,200
—
2020
$4,794
-4%
$322,200
2%
2019
$4,972
—
$314,500
—
2018
$4,957
1%
$314,500
4%
2017
$4,927
1%
$301,500
—
2016
$4,872
4%
$301,500
4%
2015
$4,691
2%
$288,700
—
2014
$4,587
—
$288,700
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Gibson Sotheby's International Realty, David Luoma

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7-17 School St, Merrimac, MA 01860 (MLS# 73481593) is a Commercial property. 7-17 School St is currently listed for $850,000 and was received on March 02, 2026. Want to learn more about 7-17 School St? Do you have questions about finding other Commercial real estate for sale in Merrimac? You can browse all Merrimac real estate or contact a Coldwell Banker agent to request more information.

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