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Endcap Retail Office Suite
For Lease
$40 SF/Yr
Pending

1-1-58 Merrimac St, Newburyport, MA 01950

End unit space with north- and west-facing windows, hardwood floors, private restroom, and heat pump HVAC.

Space SizeContact for details
Days on Market117

Property Features for 1-1-58 Merrimac St

General Information

Standard status Pending
Total Parking Spaces 24

Additional Details

Traffic Count 8,800 vehicles/day

Taxes and HOA fees

Annual Taxes $12,545
Listing Agency: Realty One Group Nest
Listed By: Vincent Forzese · License #456010970
Source: Exprealty
Added: May 5 Changed: Aug 20 Last Checked: Aug 28 at 1:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Nest

Investment Insights

Based on property information with market context.

Bright, adaptable endcap retail/office suite available for lease at Hortons Yard. The space includes expansive north- and west-facing windows, hardwood floors, fully air-conditioned heating and cooling via heat pump, and a private restroom. The floor plan is designed to be flexible for a range of office and retail-ready uses.

Located on Merrimac St on a high-traffic route to downtown Newburyport and Plum Island, the property benefits from strong visibility with over 8,800 vehicles passing daily. There is an open parking lot for up to 24 vehicles with no assigned spaces. The location is just steps from nearby restaurants and shops and directly across from the Newburyport parking garage.

This is a NNN lease structure, with the tenant responsible for utilities, taxes, and insurance in addition to base rent. The space will not be available until after June 30, 2026.

Key Highlights

  • 1,240 SF end unit retail/office space in Hortons Yard
  • North- and west‑facing windows for natural light, plus hardwood floors
  • Fully air‑conditioned with heat pump HVAC

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8,800 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,763
Businesses Nearby

Demographics for 01950, MA

18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - End unit space with north- and west-facing windows, hardwood floors, private restroom, and heat pump HVAC.
Where is this nnn property located?
The property is located at 1-1-58 Merrimac St Newburyport, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 1,240 SF end unit retail/office space in Hortons Yard; North- and west‑facing windows for natural light, plus hardwood floors; Fully air‑conditioned with heat pump HVAC
More about this property
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