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    41 Atlantic Ave, Unit 1 Marblehead, MA 01945

    For Sale
    $885,000

    Unique mixed-use condo in desirable downtown location with endless possibilities.

    Building Details

    Year built
    1900

    Source: Coldwell Banker Realty - Marblehead Agent Mindy Reichman

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

    Overview

    Spacious Mixed-Use Condo Downtown

    This spacious mixed-use condo is located in a sought-after downtown location in Marblehead. The property features a bright and sunny oversized space suitable for retail or residential use. It includes both hardwood and concrete flooring, two half bathrooms, and a large, separate office space with a storage room. The unit also comes with two parking spaces. The location offers proximity to shopping, restaurants, schools, and beaches, presenting significant potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pint Size and Up Children'S Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marblehead
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8561298
    Latitude
    42.4990427

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    • $950,000

      Marblehead Two-Family Home For Sale

      Charming two-family home in desirable seaside neighborhood.
      24-26 Knight Ave, Marblehead, MA 01945
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    • $949,000

      Marblehead Three-Family Investment Opportunity

      Three-family home in Marblehead, fully rented, investor opportunity.
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    FAQs

    What type of property is this?
    Mixed-use property - Unique mixed-use condo in desirable downtown location with endless possibilities.
    Where is this mixed-use property located?
    The property is located at 41 Atlantic Ave, Unit 1 Marblehead, MA.
    What is the asking price?
    The asking price for this property is $885,000.
    What are key features of this property?
    This property features: - Prime downtown Marblehead location near shopping, restaurants, schools, and beaches.; - Spacious, oversized mixed-use condo offering retail or residential possibilities.; - Includes **2 parking spaces**.
    (781) 718-6852
    Request Owner's contact information
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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
    41 Atlantic Ave, Unit 1 Marblehead, MA 01945
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