Downtown Marblehead Office Space
For Lease
$920/Mo
118 Pleasant St 21B, Marblehead, MA 01945
264 sq. ft. office space in downtown Marblehead.
Space SizeContact for details
Days on Market165
Property Features for 118 Pleasant St 21B
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
William Raveis R.E. & Home Services
(781) 771-8189
Listed By:
Debra Goldberg
(781) 771-8189
Source:
Elliman
Added: Mar 10
Changed: Aug 9
Last Checked: Aug 20 at 10:32AM
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
Investment Insights
Based on property information with market context.
This 264 sq. ft. office space is located in downtown Marblehead on the front corner of a mixed-use building. Situated on the bus line and close to historic Old Town, the property is across from the Warwick Theater and in proximity to restaurants and stores. The office includes a sink, high ceilings, and a bow front window facing the street. Two oversized windows on the adjacent wall provide natural light. The monthly maintenance fee will be waived for the first year.
Key Highlights
- Prime downtown Marblehead location with high visibility on a corner lot.
- Monthly maintenance fee waived for the first year.
- Abundant natural light from bow front and oversized windows.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.27 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Marblehead, MA
$33.73 /SF/Yr
Avg Asking Price
$24–$41.82 /SF/Yr
Price Range
498 SF
Avg Space Size
This space is priced 24% above the average of $33.73 /SF/Yr.
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 - 264 sq. ft. office space in downtown Marblehead.
Where is this office units located?
The property is located at 118 Pleasant St 21B Marblehead, MA.
What is the lease rate?
The lease rate is $920/Mo.
What are key features of this property?
This property features: Prime downtown Marblehead location with high visibility on a corner lot.; Monthly maintenance fee waived for the first year.; Abundant natural light from bow front and oversized windows.
