Neighborhood Retail Center Near
For Sale
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35 Whistlestop Mall, Rockport, MA 01966
Retail shopping center anchored by a Rite Aid, featuring office spaces and multiple small tenant suites.
Property SizeContact for details
Days on Market122
Property Features for 35 Whistlestop Mall
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
8.61%
Multifamily Units
3
Listing Agency:
Marcus & Millichap - Boston
(617) 896-7200
Listed By:
Adam Cohen · License #MA 9551336
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 6:04PM
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 Marcus & Millichap - Boston
Investment Insights
Based on property information with market context.
Whistlestop Mall is a neighborhood shopping center offering two main buildings on a large lot. The larger building is anchored by a Rite Aid Pharmacy and also includes a series of office spaces along with a 10,000-square-foot vacant space next to Rite Aid, most recently occupied by an IGA grocery store. The second building contains ten tenants in smaller suites ranging from about 200 square feet to just under 700 square feet.
The property is adjacent to the MBTA commuter rail train station, serving commuters traveling directly into and out of Boston multiple times each day. The offering also includes 17 Railroad Avenue, a pad-site building at the mall entrance. Until recently, 17 Railroad Avenue housed a restaurant on the first floor, and the remainder of the building has roughed in plumbing and electrical in anticipation of buildout of three residential units.
This is presented as the only shopping center in town, with the mall’s central location designed to bring a significant portion of the area’s population past the property each day.
The property is adjacent to the MBTA commuter rail train station, serving commuters traveling directly into and out of Boston multiple times each day. The offering also includes 17 Railroad Avenue, a pad-site building at the mall entrance. Until recently, 17 Railroad Avenue housed a restaurant on the first floor, and the remainder of the building has roughed in plumbing and electrical in anticipation of buildout of three residential units.
This is presented as the only shopping center in town, with the mall’s central location designed to bring a significant portion of the area’s population past the property each day.
Key Highlights
- Whistlestop Mall neighborhood shopping center in Rockport, MA with more than 30 local and national tenants
- Two‑building mall on a large lot adjacent to the MBTA commuter rail station with service bringing commuters into and out of Boston multiple times daily
- Larger building includes a Rite Aid anchor, series of office spaces, and a 10,000 SF vacant space formerly home to an IGA grocery store
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01966, MA
6,992
Population
4,232
Households
1.7
Avg Household Size
57
Median Age
57%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
999
Density / Sq Mi
$93,227
Median Household Income
$42,443
Median Earnings
$1,827
Median Rent
$692,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail shopping center anchored by a Rite Aid, featuring office spaces and multiple small tenant suites.
Where is this shopping center located?
The property is located at 35 Whistlestop Mall Rockport, MA.
What are key features of this property?
This property features: Whistlestop Mall neighborhood shopping center in Rockport, MA with more than 30 local and national tenants; Two‑building mall on a large lot adjacent to the MBTA commuter rail station with service bringing commuters into and out of Boston multiple times daily; Larger building includes a Rite Aid anchor, series of office spaces, and a 10,000 SF vacant space formerly home to an IGA grocery store
