Versatile Commercial Space in West
11 Maple West Newbury, MA 01985
11 Maple, West Newbury, MA, 01985
$899,000
For Sale
$899,000
Adaptable commercial building in downtown West Newbury with parking.
Property Size2,800 SF
Price / SF$321.07
Days on Market84
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 Checked: Jul 17 at 3:04 am
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.).
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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
West Newbury School ...
Vocational School
On the Fringe Studios
Film Production
Similar For Sale Nearby
FAQs
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.).
