1-291 High Rd, Newbury, MA 01951

Listing Agency: Gibson Sotheby's International Realty Show Phone

Listed By: Jon Growitz Show Phone

Source: Exprealty

Added: Sep 17 Changed: Oct 27 Last Checked: Nov 8 at 10:05AM

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Investment Insights

Based on property information with market context.

This 2,077-square-foot retail suite in Newbury has an open, adaptable floor plan and abundant natural light. The space may accommodate retail, professional office, studio, fitness or wellness, showroom, or other service-oriented uses, with the layout available for tenant-specific configuration.

The property is set along the Parker River and includes on-site parking. Its location offers access to Newbury, Newburyport, and surrounding North Shore communities.

Key Highlights

• 2,077 square feet of retail space
• Open layout can be configured for a tenant’s needs
• Abundant natural light

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Plumbing Service

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

NNN (Triple Net)

Lease Type

$3.90 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

581

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Newburyport Bank Shops & Services

1,650 visits/mo 0.3 miles

Demographics for 01951, MA

3,582

Population

1,731

Households

2.1

Avg Household Size

53

Median Age

61%

College-Educated

100%

High-School Grad

14.3 sq mi

ZIP Area

250

Density / Sq Mi

$175,779

Median Household Income

$85,854

Median Earnings

$1,803

Median Rent

$808,400

Median Home Value

Market

Average Price Trend$/SF/Yr for Retail space in Essex County, MA

$26.21 Jul

$25.38 Aug

$25.04 Sep

$25.2 Oct

Properties on Market for Retail space in Essex County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar For Rent Nearby

See more

Bright Flexible Retail Space

291 High Rd Unit 1, Newbury, MA 01951

$4,500/Mo

2,077 sqft

View details

Industrial Flex Condominium with Office

28-18 Newburyport Tpke, Newbury, MA 01951

$15 SF/Yr

2,929 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - Natural light and on-site parking complement an adaptable commercial layout beside the Parker River.

Where is this retail space located?

The property is located at 1-291 High Rd Newbury, MA.

What is the lease rate?

The lease rate is $25.99 SF/Yr.

What are key features of this property?

This property features: 2,077 square feet of retail space; Open layout can be configured for a tenant’s needs; Abundant natural light