Well Located Retail or Restaurant Space for Lease in Groveland

Retail-Commercial for Lease
Catylist Listing ID: 30844141
Property Subtypes: Restaurant, Retail-Pad, Street Retail
Contiguous Space: 2,000 SF
Gross Building Area: See Agent
Lease Rate: $4,000 (Monthly)
$24 PSF (Annual)
Lease Types: NNN
Ceiling: 12 ft.
Last Updated: 6/5/2023

Overview / Comments

We are pleased to present this well-located retail space in Groveland for lease. The 2,000sf+/- space is ideally set up for food service, with a welcoming entrance and ordering counter, spacious dining room, very large kitchen area, storage space, office, walk-in refrigeration and restroom. The space is serviced by oil heat, 220V power, and is air-conditioned.

The former pizza shop is located at picturesque Elm Park, at the intersection of Route 97 and Main St (Route 113) just over the bridge from Haverhill, with 12,868 vehicles per day AADT per MADOT. This is a NNN lease, the tenant will be responsible for utilities & the NNN fees in addition to the base rent.

All information was obtained from the owner & public records, the tenant is encouraged to perform due diligence in all aspects of the property, tenancy, and suitability for your contemplated use.

Attachments & Media

Expand All Available Space

Suite: 1 2,000 SF $4,000 (Monthly) NNN
Level/Floor: 1
Space Available: 2,000 SF
Lease Rate: $4,000 (Monthly)
$24 PSF (Annual)
Lease Type: NNN
Space Description: We are pleased to present this well-located retail space in Groveland for lease. The 2,000sf+/- space is ideally set up for food service, with a welcoming entrance and ordering counter, spacious dining room, very large kitchen area, storage space, office, walk-in refrigeration and restroom. The space is serviced by oil heat, 220V power, and is air-conditioned.

The former pizza shop is located at picturesque Elm Park, at the intersection of Route 97 and Main St (Route 113) just over the bridge from Haverhill, with 12,868 vehicles per day AADT per MADOT. This is a NNN lease, the tenant will be responsible for utilities & the NNN fees in addition to the base rent.

All information was obtained from the owner & public records, the tenant is encouraged to perform due diligence in all aspects of the property, tenancy, and suitability for your contemplated use.
Space Subcategory: Free-Standing Store, Strip Center
Date Available: 5/25/2023
Space Type: New
Kitchen Yes
Tax Expenses $12,508 PSF (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Tax ID/APN: 10/013/0
Zoning: B
Retail Clientele: General, Business
Property Located Between: I-495 to MA Route 97, cross the river to Groveland, 8 Elm Park is on the left
Traffic/Vehicle Count: 12,868
Highway Access: I-95
Airports: Boston Logan Airport and Manchester Boston Regional Airport
Site Description: Located at picturesque Elm Park, at the intersection of Route 97 and Main St (Route 113) just over the bridge from Haverhill
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1950
Construction/Siding: Brick
Exterior Description: Clapboard
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: 1-10 Spaces, Open, Street, Paved Driveway
Sprinklers: Wet
Heat Type: Oil
Lot Frontage: 150
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,731 42,499 92,480
Median Age: 42.08 40.14 40.34
Households: 1,777 16,423 35,859
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