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Renovated First-Floor Office Unit
For Lease
$950/Mo

110-5 Pleasant St, Methuen, MA 01844

Downtown space with air conditioning, public transportation access, and suitability for professional and personal-service businesses.

Space Size600 SF
Days on Market698

Property Features for 110-5 Pleasant St

General Information

Standard status Active
Size 600 SF
Net Rentable 600 SF

Space & Availability

Available Space 600 SF
Contiguous Space 600 SF
Floor First Floor
Space Use Office
Sublease No
Available From Immediate

Lease Terms

Lease Term 36 months
Flexible Term Yes

Site & Location

Public Transit Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $27,355

Amenities

air conditioning
Listing Agency: McKeon / Corcoran Real Estate
Listed By: Robin R. McKeon
Source: Exprealty
Added: Oct 5, 2024 Changed: Aug 31 Last Checked: Sep 2 at 12:01AM

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 McKeon / Corcoran Real Estate

Investment Insights

Based on property information with market context.

This first-floor office unit at 110-5 Pleasant St provides 600 square feet of recently renovated and updated space with air conditioning. The layout is positioned for a range of professional and personal-service operations, including massage, real estate, hairdressing, nail services, barbering, and tax preparation. The unit is available now.

The property is located downtown in Methuen with public transportation access. Occupancy-related responsibilities include electricity, phone, and internet, while water and sewer costs apply if those services are needed by the tenant.

Key Highlights

  • 600 square feet of first‑floor office space
  • Recently renovated and updated with air conditioning
  • Downtown location at 110‑5 Pleasant St, Methuen, MA

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Bakery Cafe & Coffee Shop Carpet & Flooring Store Grocery & Convenience Store

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 01844, MA

52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value

Market

Lease Benchmarks for Methuen, MA

$27.77 /SF/Yr
Avg Asking Price
$12.72–$43.54 /SF/Yr
Price Range
3,695 SF
Avg Space Size

This space is priced 32% below the average of $27.77 /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 - Downtown space with air conditioning, public transportation access, and suitability for professional and personal-service businesses.
Where is this office units located?
The property is located at 110-5 Pleasant St Methuen, MA.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: 600 square feet of first‑floor office space; Recently renovated and updated with air conditioning; Downtown location at 110‑5 Pleasant St, Methuen, MA
More about this property
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