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Office Unit with Bow Window
New
For Lease
$820/Mo

118 Pleasant Street #21B, Marblehead, MA 01945

A compact downtown workspace includes a sink and multiple windows, with bus service nearby.

Space Size264 SF
Days on Market7

Property Features for 118 Pleasant Street #21B

General Information

Standard status Active
Size 264 SF
Net Rentable 264 SF
Zoning B1, Legal Conforming

Space & Availability

Available Space 264 SF
Contiguous Space 264 SF
Space Use Office

Additional Details

Public Transit Yes

Building Details

Year Built 1940
Listing Agency: Bostonia Properties
Listed By: Kate Duggan · License #144768
Source: Bostoniaproperties
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:14PM

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 Bostonia Properties

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Investment Insights

Based on property information with market context.

This 264-square-foot office occupies a front corner of a mixed-use building in downtown Marblehead. The space includes a sink, high ceilings, a bow window facing the street, and two oversized windows along an adjoining wall. The building dates to 1940, and the office is zoned B1, legal conforming.

The property is on the bus line, across from the Warwick Theater, and near historic Old Town, restaurants, and stores.

Key Highlights

  • 264‑square‑foot office space
  • Front‑corner position in a mixed‑use building
  • Sink, high ceilings, one bow window, and two oversized windows

Property Analytics

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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
$5.59 /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
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Market

Lease Benchmarks for Marblehead, MA

$34.55 /SF/Yr
Avg Asking Price
$20.8–$47.6 /SF/Yr
Price Range
595 SF
Avg Space Size

This space is priced 8% above the average of $34.55 /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

Frequently Asked Questions

What type of property is this?
Office unit - A compact downtown workspace includes a sink and multiple windows, with bus service nearby.
Where is this office unit located?
The property is located at 118 Pleasant Street #21B Marblehead, MA.
What is the lease rate?
The lease rate is $820/Mo.
What are key features of this property?
This property features: 264‑square‑foot office space; Front‑corner position in a mixed‑use building; Sink, high ceilings, one bow window, and two oversized windows
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