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Two-Level Office Unit
For Lease
$1,250/Mo

108-5 Pleasant St, Methuen, MA 01844

Historic downtown setting with abundant natural light and access to public transportation.

Space SizeContact for details
Days on Market698

Property Features for 108-5 Pleasant St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $27,355
Listing Agency: McKeon / Corcoran Real Estate
Listed By: Robin R. McKeon
Source: Exprealty
Added: Oct 5, 2024 Changed: Aug 31 Last Checked: Sep 1 at 11:28PM

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.

Office Unit 108 occupies two levels within a beautifully restored historic building at 108-5 Pleasant St in Downtown Methuen. The space receives natural light through three windows, including a large bay window, creating a bright interior suited to office or creative use.

The property is served by public transportation and offers a central downtown setting. A tenant using water and sewer for business operations will be responsible for those services.

Key Highlights

  • Office Unit 108 at 108‑5 Pleasant St
  • Two‑level layout with 3 windows
  • Large bay window provides natural light

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Bakery Cafe & Coffee Shop Carpet & Flooring Store Grocery & Convenience 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

Location Intelligence

Trade Area within ½ mile

748
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

$27.77 /SF/Yr
Avg Asking Price
$12.72–$43.54 /SF/Yr
Price Range
3,695 SF
Avg Space Size

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 - Historic downtown setting with abundant natural light and access to public transportation.
Where is this office units located?
The property is located at 108-5 Pleasant St Methuen, MA.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: Office Unit 108 at 108‑5 Pleasant St; Two‑level layout with 3 windows; Large bay window provides natural light
More about this property
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