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Renovated Office Unit with Egress

118 Pleasant Street 21-e, Marblehead, MA 01945

For Lease
$375/Mo

Interior office space in a renovated mixed-use building with two means of egress.

Space Size120 SF
Days on Market104

Property Features for 118 Pleasant Street 21-e

General Information

Standard status Active
Size 120 SF
Net Rentable 120 SF

Space & Availability

Available Space 120 SF
Contiguous Space 120 SF
Space Use Office
Available From 2026-01-01

Additional Details

Public Transit Yes

Building Details

Year Built 1940
Listing Agency: William Raveis R.E. & Home Services
Listed By: Debra Goldberg
Source: Lyvrealty
Added: Jul 30 Changed: Nov 9 Last Checked: Nov 8 at 8:56AM

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 William Raveis R.E. & Home Services

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Investment Insights

Based on property information with market context.

This 120 sq. ft. office unit occupies an established mixed-use building constructed in 1940 and subsequently renovated. The interior space includes two means of egress and is part of a property with professional offices on the first floor.

The property is situated on the bus line in downtown Marblehead, with restaurants and shops nearby and historic Old Town close by. The unit is scheduled to become available January 1, 2026.

Key Highlights

  • 120 sq. ft. interior office unit
  • Two means of egress
  • Located in an established renovated mixed‑use building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Derek Bloom Architects Architect RMJR Tax and Accounting Tax Preparation Windswept Business Solutions Accounting Firm Bookskept Accounting Firm Joli Medical Spa ... Alternative Medicine Practice

Suggested Use

Top Pick Grocery & Convenience Store Bakery Dental Office Food Market (Bike/Boat/Book/etc) Store Parking Lot & Garage

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
$5.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby

Demographics for 01945, MA

20,462
Population
8,899
Households
2.3
Avg Household Size
49
Median Age
77%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
4,650
Density / Sq Mi
$164,325
Median Household Income
$83,539
Median Earnings
$1,769
Median Rent
$904,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Marblehead, MA

$32.56 /SF/Yr
Avg Asking Price
$20.8–$47.6 /SF/Yr
Price Range
486 SF
Avg Space Size

This space is priced 15% above the average of $32.56 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Marblehead, MA

$38.92 Jul
$36.9 Aug
$34.6 Sep
$33.24 Oct

Properties on Market for Office Units in Marblehead

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Interior office space in a renovated mixed-use building with two means of egress.
Where is this office unit located?
The property is located at 118 Pleasant Street 21-e Marblehead, MA.
What is the lease rate?
The lease rate is $375/Mo.
What are key features of this property?
This property features: 120 sq. ft. interior office unit; Two means of egress; Located in an established renovated mixed‑use building
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