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Street-Level Office Condominium
For Sale
$699,000

1 Merrimac St 7, Newburyport, MA 01950

One-level commercial condominium with reception, meeting space, full bath, and rear access to municipal parking.

Property SizeContact for details
Days on Market73

Property Features for 1 Merrimac St 7

General Information

Standard status Active
Property subtype Commercial

Additional Details

Floor Ground Floor

Taxes and HOA fees

Annual Taxes $4,533

Amenities

reception area
work desks
meeting space
full bath
rear access to municipal parking

Building Details

Year Built 1984
Listed By: Alissa Christie
Source: Elliman
Added: Jun 23 Changed: Sep 3 Last Checked: Aug 31 at 4:46PM

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 Alissa Christie

Investment Insights

Based on property information with market context.

This 1984 commercial condominium provides a street-level, one-floor office configuration overlooking Market Square and Waterfront Park. The interior includes a reception area, work desks, meeting space, and a full bath, with rear access leading to municipal parking. The layout supports a range of office and commercial arrangements, including private suites, shared workspace, or a customer-facing operation, subject to applicable requirements.

Positioned in downtown Newburyport at 1 Merrimac St 7, the property offers a highly walkable setting with a Walk Score of 98 and a Bike Score of 59. Its location places daily business activity, meetings, and client access within the downtown environment.

Key Highlights

  • Street‑level commercial condominium overlooking Market Square and Waterfront Park
  • One‑level layout with reception area, work desks, and meeting space
  • Full bath included within the commercial unit

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.

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
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Frequently Asked Questions

What type of property is this?
Office units - One-level commercial condominium with reception, meeting space, full bath, and rear access to municipal parking.
Where is this office units located?
The property is located at 1 Merrimac St 7 Newburyport, MA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Street‑level commercial condominium overlooking Market Square and Waterfront Park; One‑level layout with reception area, work desks, and meeting space; Full bath included within the commercial unit
More about this property
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