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    1 Harris 4 Newburyport, MA 01950

    For Sale
    $325,000

    Prime Newburyport office, renovated, 968 sq ft.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 968-square-foot office/retail condominium is situated on the second floor of the esteemed One Harris Street professional office building in the heart of Newburyport, MA. Recently and completely renovated, this space boasts exquisite new finishes throughout, creating a sophisticated and inviting atmosphere. The updated electrical systems and efficient HVAC system ensure a comfortable and productive work environment. The thoughtful design incorporates both open and private office areas, catering to diverse business needs. A well-appointed kitchenette and a private bath add to the convenience and functionality of this space. The half-acre lot provides ample space for the building. Located in the vibrant downtown area, this property offers unparalleled access to a variety of restaurants, retail shops, and the picturesque historic waterfront. This prime location provides a unique and memorable experience for clients and employees alike. The property is offered at $325,000. Potential buyers are advised to perform their own due diligence to confirm all details and suitability for their intended use.

    Property Features for 1 Harris 4

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.87188
    Latitude
    42.80858

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Newburyport office, renovated, 968 sq ft.
    Where is this commercial real estate located?
    The property is located at 1 Harris 4 Newburyport, MA.
    What is the asking price?
    The asking price for this property is $325,000.
    (978) 992-4050
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    1 Harris 4 Newburyport, MA 01950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Harris 4 Newburyport, MA 01950
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