Versatile Commercial Space in West
For Sale
$899,000
11 Maple, West Newbury, MA 01985
Adaptable commercial building in downtown West Newbury with parking.
Property Size2,800 SF
Price / SF$321.07
Days on Market99
Property Features for 11 Maple
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Commercial
Building Details
Year Built
1968
Listing Agency:
Century 21 North East
(617) 335-0007
Listed By:
Victoria Dimino
(617) 335-0007
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Aug 1 at 3:42AM
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 Century 21 North East
Investment Insights
Based on property information with market context.
Located in downtown West Newbury, this single-level commercial building offers just under 2,800 sq. ft. of adaptable space. The property features multiple private offices, a full kitchen, and 2 bathrooms. Previously utilized as a music and recording center, the flexible layout lends itself to medical, wellness practices, daycare, dance, yoga, real estate, professional, or financial services. The property includes over ten parking spaces, ground-level entry for accessibility, and a shed for additional storage. Commercial zoning provides flexibility for business growth.
Key Highlights
- Prime downtown location in West Newbury offering high visibility and accessibility.
- Versatile single‑level commercial building with approximately 2,800 sq. ft. of adaptable space.
- Flexible layout suitable for various professional uses (medical, wellness, daycare, etc.).
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 | $127.7k | $45.60 |
| − Vacancy | −$23.6k | −$8.44 |
| EGI | $104.1k | $37.16 |
| − OpEx | −$26.0k | −$9.29 |
| NOI | $78.0k | $27.87 |
2,800 SF · lease $45.60/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.11M
$975.6K – $1.30M
NOI $78,044 @ 7.0% cap · market cap 8.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $116,031 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 01985, MA
4,500
Population
1,799
Households
2.5
Avg Household Size
48
Median Age
67%
College-Educated
98%
High-School Grad
13.4 sq mi
ZIP Area
336
Density / Sq Mi
$189,048
Median Household Income
$78,669
Median Earnings
$1,809
Median Rent
$765,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Adaptable commercial building in downtown West Newbury with parking.
Where is this office units located?
The property is located at 11 Maple West Newbury, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime downtown location in West Newbury offering **high visibility and accessibility**.; Versatile single‑level commercial building with approximately 2,800 sq. ft. of adaptable space.; Flexible layout suitable for various professional uses (medical, wellness, daycare, etc.).
