Commercial Sale at 88 Oak St, Methuen MA 01844, Methuen
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$2,000,000

88 Oak St, Methuen MA 01844
Methuen, MA 01844
Listed by Creatini Group
Bedrooms
N/A
Bathrooms
N/A
Living area
5,618 sqft
Year built
1984

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.

Property details

MLS #
73587998
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.94 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Edward F. Parthum
0.75 mi away · Grades 0-4
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
668
Student:teacher ratio
14.5:1
District
Lawrence
Middle
Parthum Middle School
0.75 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
557
Student:teacher ratio
12.4:1
District
Lawrence
High
Methuen High
1.42 mi away · Grades 9-12
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
1,891
Student:teacher ratio
12.7:1
District
Methuen

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).

64
Walkable
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks3
Schools6
Transit stops20
Pharmacies6

Market position

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

On the market 1 days -- 104 fewer days than Methuen's current average of 105 days.
For reference, the median list price across 233 active listings in Methuen right now is $589,900.

Mortgage calculator

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

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Est. monthly payment
$12,194/mo
$400,000 down
$1,600,000 loan
Principal & interest$10,378
Property tax (est.)$1,667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 19 hr 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.