Building Details

Year Built 1900

Listing Agency: J. Barrett & Company k***@jbarrettrealty.com Show Phone

Listed By: Kate Richard · License #454006064 Show Phone

Source: Elliman

Added: Apr 15 Changed: Aug 8 Last Checked: Aug 8 at 5:57AM

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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 J. Barrett & Company

Investment Insights

Based on property information with market context.

This freestanding cottage office, located in the heart of Manchester-by-the-Sea, offers a uniquely charming space of approximately 250 square feet. Ideal for a professional seeking a quiet, independent work environment, the cottage provides privacy and character. It includes a full bath and a mini-split system for heating and cooling. The tenant is responsible for electric heat and lighting. A private backyard area is included, with maintenance responsibilities falling to the tenant. One off-street parking space is provided. The property is conveniently located within a short walk to Manchester Harbor, the commuter rail, shops, and restaurants. It has a walk score of 68, indicating it is somewhat walkable, and a bike score of 26, indicating it is somewhat bikeable. Available in June.

Key Highlights

• Freestanding, private cottage office space.
• Conveniently located near Manchester Harbor, commuter rail, shops, and restaurants.
• Includes a full bath.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Nail Salon Law Firm Pharmacy HVAC Service Hair Salon Big Box & Wholesale Store

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

$14.04 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

401

Businesses Nearby

Explore this area Business Placement

Demographics for 01944, MA

5,395

Population

2,281

Households

2.4

Avg Household Size

50

Median Age

84%

College-Educated

99%

High-School Grad

9.2 sq mi

ZIP Area

586

Density / Sq Mi

$197,875

Median Household Income

$99,797

Median Earnings

$1,872

Median Rent

$932,000

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Office units - Freestanding 250 sq ft cottage office near Manchester Harbor.

Where is this office units located?

The property is located at 5 Ashland Ave Manchester, MA.

What is the lease rate?

The lease rate is $1,950/Mo.

What are key features of this property?

This property features: Freestanding, private cottage office space.; Conveniently located near Manchester Harbor, commuter rail, shops, and restaurants.; Includes a full bath.