1 Harris #5, Newburyport, MA 01950
2,201 SF office condo with modern updates and historic charm.
- Added:
- Apr 25, 2026
- Days on Market:
- 48
- Last Refresh:
- Apr 25 at 6:22 am
Property Features for 1 Harris #5
General Information
- Standard status
- Active
- Size
- 2,201 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agent Neca Group (978) 852-3936
Listing office Keller Williams Realty Evolution (978) 852-3936
Listing date Apr 25, 2026
Source Liongatere
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Evolution
HighLights
- Prime downtown Newburyport location, steps from waterfront, dining, and retail.
- Spacious 2,201 SF office condo with high‑end modern updates.
- Unique historic character with exposed brick and abundant natural light from a central skylight.
- Functional layout designed for efficiency and hosting.
- Dedicated conference room and sleek kitchen/bar.
- Two private bathrooms.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.4k | $45.60 |
| − Vacancy | −$18.6k | −$8.44 |
| EGI | $81.8k | $37.16 |
| − OpEx | −$20.4k | −$9.29 |
| NOI | $61.3k | $27.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newburyport
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8718804
- Latitude
- 42.8085868