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    55-57 Pleasant St Newburyport, MA 01950

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    For Sale
    $2,095,000

    Mixed-use property in Newburyport's thriving economic environment.

    Property size:
    12,086 SF
    Lot size:
    0.19 Acres

    Property Features for 55-57 Pleasant St

    General Information

    Size
    12,086 SF
    Lot size
    0.19 Acres

    Source: Northeast Private Client Group | Greater Boston Agent Francis Saenz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newburyport Mixed-Use Building For Sale

    The Pleasant Street Mixed-Use Property, originally constructed in 1900 and updated for modern commercial needs, is located at 55-57 Pleasant Street, Newburyport, MA. This 12,086 square foot mixed-use brick masonry building includes 3,648 square feet of unfinished basement space. It is ideally suited for retail, office, or boutique business operations. The property comprises two commercial storefronts and office suites, along with off-street parking that generates income. The building is surrounded by well-established retail shops, restaurants, and professional offices, all within walking distance to the waterfront and the MBTA commuter rail. This property is ideal for an investor looking to capitalize on Newburyport’s thriving economic environment or an owner-occupier seeking a standout location.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8720669
    Latitude
    42.8104364

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Newburyport's thriving economic environment.
    Where is this mixed-use property located?
    The property is located at 55-57 Pleasant St Newburyport, MA.
    What is the asking price?
    The asking price for this property is $2,095,000.
    What are key features of this property?
    This property features: - Prime location in Newburyport, walk to the waterfront, MBTA, shops and restaurants.; - Mixed-use property with commercial storefronts and office suites for diverse income.; - Off-street parking generates income.
    (857) 990-6800
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    55-57 Pleasant St Newburyport, MA 01950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55-57 Pleasant St Newburyport, MA 01950
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