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Renovated Downtown Office Suite
For Lease
$950/Mo

5 Pleasant Street # 110 Methuen, Methuen, MA 01844

First-floor, fully renovated AC office space available now with tenant-paid utilities and a 3-year lease term.

Space SizeContact for details
Days on Market90

Property Features for 5 Pleasant Street # 110 Methuen

General Information

Standard status Active
Zoning CBD

Lease Terms

Lease Term 36 months
Flexible Term Yes

Taxes and HOA fees

Annual Taxes $27,355

Amenities

air conditioning

Building Details

Year Built 1900
Listing Agency:
Listed By: Amanda Lucido Hodges
Source: Bournetosellrealestate
Added: May 28 Changed: Aug 14 Last Checked: Aug 25 at 6:44AM

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 Amanda Lucido Hodges

Investment Insights

Based on property information with market context.

This totally renovated and updated first-floor office suite includes air conditioning. The space is offered as a flexible office option suitable for uses such as massage, a real estate office, or personal services like hair, nails, or barbering, along with tax-related office work. Tenant is responsible for electricity, phone, and internet, and would also be responsible for water and sewer costs if required.

The building is centrally located downtown in Methuen and is offered for rent with public transportation available.

The lease term is 3 years, with first month’s rent, last month’s rent, and one month security deposit due at signing. The landlord will also consider a longer lease.

Key Highlights

  • Totally renovated and updated first‑floor office space with AC, available now
  • First‑floor unit is 600 SF
  • 3‑year lease available; includes first month, last month, and 1 month security deposit

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Hair Salon Auto Parts Store Building Supply Kitchen & Bath Showroom

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

352
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, fully renovated AC office space available now with tenant-paid utilities and a 3-year lease term.
Where is this office units located?
The property is located at 5 Pleasant Street # 110 Methuen Methuen, MA.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: Totally renovated and updated first‑floor office space with AC, available now; First‑floor unit is 600 SF; 3‑year lease available; includes first month, last month, and 1 month security deposit
More about this property
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