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Downtown Office Suite with Window
For Lease
$1,276/Mo

5 Pleasant Street #106, Methuen, MA 01844

First-floor office suite with cathedral ceilings, hardwood floors, and a large floor-to-ceiling window at the front.

Space SizeContact for details
Days on Market56

Property Features for 5 Pleasant Street #106

General Information

Standard status Active
Zoning CBD, Legal Conforming

Additional Details

Highway Access Yes

Building Details

Year Built 1900
Listing Agency: McKeon / Corcoran Real Estate
Listed By: Robin R. McKeon
Source: Startpoint
Added: Jul 1 Changed: Aug 23 Last Checked: Aug 24 at 1:54PM

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 McKeon / Corcoran Real Estate

Investment Insights

Based on property information with market context.

Suite #106 offers approximately 800 square feet of first-floor office space designed for professional use. The interior includes cathedral high ceilings with a ceiling fan, natural woodwork throughout, and a brand-new hardwood floor. A large floor-to-ceiling window at the front provides prominent natural light.

The property is centrally located in downtown Methuen at 5 Pleasant Street. The tenant is responsible for electricity and internet, and the suite is available now.

The term offered is a three-year lease. Lease-start terms noted include first month, last month, and a one-month security deposit.

Key Highlights

  • First‑floor office suite in the Red Tavern (Year built 1900) with cathedral ceilings and a ceiling fan
  • About 800 SF of first‑floor office space with natural woodwork throughout
  • Brand new hardwood floors and a large floor‑to‑ceiling window at the front

Property Analytics

Current Use

Mi Mexico Lindo Restaurant Centro Familiar Cristiano ... Church WLHG-Company Discount Store JF Tax Services Accounting Firm DT Designs Textile Manufacturer

Suggested Use

Top Pick Parking Lot & Garage Locksmith Catering Service (Bike/Boat/Book/etc) Store Travel Agency Auto Parts 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.87 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby

Demographics for 01844, MA

52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value

Market

Lease Benchmarks for Methuen, MA

$26.15 /SF/Yr
Avg Asking Price
$12.72–$43.54 /SF/Yr
Price Range
4,105 SF
Avg Space Size

This space is priced 27% below the average of $26.15 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor office suite with cathedral ceilings, hardwood floors, and a large floor-to-ceiling window at the front.
Where is this office units located?
The property is located at 5 Pleasant Street #106 Methuen, MA.
What is the lease rate?
The lease rate is $1,276/Mo.
What are key features of this property?
This property features: First‑floor office suite in the Red Tavern (Year built 1900) with cathedral ceilings and a ceiling fan; About 800 SF of first‑floor office space with natural woodwork throughout; Brand new hardwood floors and a large floor‑to‑ceiling window at the front
More about this property
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