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Renovated Street-Level Office Unit
For Lease
$4,500/Mo

1 Merrimac Street Unit 7, Newburyport, MA 01950

Single-level commercial suite with reception, conference area, kitchenette, full bathroom, signage rights, and rear access to municipal parking.

Space Size834 SF
Days on Market18

Property Features for 1 Merrimac Street Unit 7

General Information

Standard status Active
Size 834 SF
Net Rentable 834 SF

Space & Availability

Available Space 834 SF
Contiguous Space 834 SF
Floor Ground Floor
Condition Turnkey
Furnished Yes

Amenities

kitchenette
high-speed internet
cable
exterior signage rights

Building Details

Year Built 1984
Listing Agency: Compass
Listed By: Sean Bakhtiari
Source: Merryfoxrealty
Added: Sep 8 Changed: Sep 24 Last Checked: Sep 24 at 9:59AM

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 Compass

Investment Insights

Based on property information with market context.

This 834 SF office unit occupies a street-level position within a commercial condominium at 1 Merrimac Street, Unit 7. The recently renovated interior includes a reception and work area, separate meeting and conference space, custom built-in cabinetry, kitchenette, full bathroom with shower, and a utility closet for storage. Exposed brick veneer, plank accents, wood-look tile flooring, and a custom conference table add distinctive finish details. High-speed internet and cable are wired throughout the suite.

The property overlooks Market Square and Waterfront Park in downtown Newburyport. Exterior signage rights are included, and rear access connects the unit with the Green Street municipal parking lot and surrounding downtown area. The single-level configuration supports office or boutique retail use, with the layout accommodating a range of professional business operations.

Key Highlights

  • 834 SF street‑level office unit at 1 Merrimac Street, Unit 7
  • Recently renovated single‑level interior with reception, conference space, kitchenette, and full bathroom
  • Custom built‑in cabinetry, utility closet, and wired high‑speed internet and cable

Property Analytics

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Open 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

NNN (Triple Net)
Lease Type
$9.71 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newburyport, MA

$30.89 /SF/Yr
Avg Asking Price
$14–$64.75 /SF/Yr
Price Range
8,270 SF
Avg Space Size

This space is priced 110% above the average of $30.89 /SF/Yr.

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?
Office units - Single-level commercial suite with reception, conference area, kitchenette, full bathroom, signage rights, and rear access to municipal parking.
Where is this office units located?
The property is located at 1 Merrimac Street Unit 7 Newburyport, MA.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 834 SF street‑level office unit at 1 Merrimac Street, Unit 7; Recently renovated single‑level interior with reception, conference space, kitchenette, and full bathroom; Custom built‑in cabinetry, utility closet, and wired high‑speed internet and cable
More about this property
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