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Renovated Office Unit
For Lease
$440/Mo

118 Pleasant Street 22-a, Marblehead, MA 01945

Compact professional workspace with central air, high ceilings, and convenient access to transit, shops, restaurants, and entertainment.

Space Size131 SF
Days on Market16

Property Features for 118 Pleasant Street 22-a

General Information

Standard status Active
Size 131 SF
Net Rentable 131 SF

Space & Availability

Available Space 131 SF
Contiguous Space 131 SF
Space Use Office
Condition Second Generation

Additional Details

Public Transit Yes

Amenities

central air
high ceilings
shops
restaurants
theater
harbor
Old Town area

Building Details

Year Built 1940
Listing Agency: William Raveis R.E. & Home Services
Listed By: Debra Goldberg
Source: Gooddeedsrealtypartners
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 31 at 7:23PM

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 131-square-foot office unit provides a dedicated workspace within a professional office setting. The recently renovated space includes central air conditioning and high ceilings, offering practical features for meetings or day-to-day office use.

Located at 118 Pleasant Street in Marblehead, the property is served by the bus line and sits near shops, restaurants, a theater, the harbor, and the Old Town area. The building was constructed in 1940.

Key Highlights

  • 131‑square‑foot office unit
  • Recently renovated professional office space
  • Central air conditioning and high ceilings

Property 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 Dental Office Bakery 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
$6.05 /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

Market

Lease Benchmarks for Marblehead, MA

$36.9 /SF/Yr
Avg Asking Price
$24–$47.6 /SF/Yr
Price Range
593 SF
Avg Space Size

This space is priced 9% above the average of $36.9 /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 - Compact professional workspace with central air, high ceilings, and convenient access to transit, shops, restaurants, and entertainment.
Where is this office units located?
The property is located at 118 Pleasant Street 22-a Marblehead, MA.
What is the lease rate?
The lease rate is $440/Mo.
What are key features of this property?
This property features: 131‑square‑foot office unit; Recently renovated professional office space; Central air conditioning and high ceilings
More about this property
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