Beautiful Office or Retail Commercial- Mercantile Place

Office for Sale
Catylist Listing ID: 30679836
Property Subtypes: Office Building
Building Size (RSF): 1,162 SF
Sale Price: $550,000
Unit Price: $473.32 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/4/2021

Overview / Comments

We are pleased to offer for sale is this super clean and bright commercial condominium in historic Mercantile Place in the heart of downtown Newburyport. This space could be perfect for use as office, retail or professional services. Two wide open rooms with abundant light streaming in through the walls of windows, hardwood floors, and beautiful brick interior walls. This space is serviced by central air conditioning, wet sprinklers, 100 amp electric service, and oil-fired forced hot air heat. There is a large, convenient parking lot just outside the doors, as well as abundant on-street parking.

This location is perfect for your clientele, and has access to all that downtown Newburyport has to offer: restaurants, shopping, banks, houses of worship, services, parks, and of course, the historic Newburyport waterfront. There is a large urban walkway outside the building that runs towards Pleasant Street, with charming park benches and tables for dining al fresco or casual meetings.

Newburyport is on the seacoast of the north shore, with easy access to Boston & points west via commuter rail and I-95 & I-495, as well as the seacoast of Massachusetts, New Hampshire, and Maine. All information was obtained from the seller and public records, prospective buyers are encouraged to perform due diligence as to facts, measurements, and suitability for their intended use.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Tax ID/APN: M:0001 B:0012 L:002A
Zoning: C
Year Built: 1876
Roof Type: Other
Parking Type: Surface
Total Parking Spaces: 40
Sprinklers: Other
Internet Access: Cable
Water Service: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,075 28,943 54,356
Median Age: 46.64 45.8 44.59
Households: 4,357 12,302 22,591
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