Commercial Sale at 190 Broadway, Methuen
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$899,900

190 Broadway
Methuen, MA 01844
Listed by The Janet & Sam McLennan Team
Bedrooms
N/A
Bathrooms
N/A
Living area
9,804 sqft
Year built
1923

About this home

A rare opportunity to own a substantial property in the heart of downtown Methuen! Situated on 1.43 acres with prominent frontage along both Broadway (Route 28) and Union Street, this distinctive building offers approximately 9,804 square feet of space, plus an additional 4,182-square-foot basement. Featuring an expansive open hall, ample on-site parking, and a scenic setting along the Spicket River, the property offers a unique combination of character, visibility, and potential. Located within Methuen's Central Business District, the property presents an intriguing opportunity for those looking to capitalize on its location, generous acreage, and potential for future development or redevelopment, subject to applicable zoning requirements and municipal approvals. Conveniently located near downtown shops, restaurants, and businesses, with easy access to I-93 and I-495. With substantial land and frontage on two streets in such a central location, opportunities like this are increasingly difficult to find. Bring your vision and explore the possibilities at 190 Broadway! Property sold as-is. Buyers and their agents to conduct their own due diligence regarding zoning, permitted uses, development potential, and required approvals.

Property details

MLS
MLS Property Information Network
MLS #
73592920
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
14
On market date
October 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.43 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Tenney Grammar School
0.66 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,268
Student:teacher ratio
12.8:1
District
Methuen
Middle
Arlington Middle School
0.69 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
563
Student:teacher ratio
12.5:1
District
Lawrence
High
RISE Academy
0.74 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
79
Student:teacher ratio
7.9:1
District
Lawrence

Walkability

Blended score for Methuen's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks16
Schools20
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Methuen, from live MLS data.

On the market 14 days -- 97 fewer days than Methuen's current average of 111 days.
For reference, the median list price across 254 active listings in Methuen right now is $574,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$5,569/mo
$179,980 down
$719,920 loan
Principal & interest$4,669
Property tax (est.)$750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.