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Renovated Mixed-Use Condominium
New
For Lease
$3,500/Mo

19-23 Pleasant St 103, Newburyport, MA 01950

Flexible commercial layout with an open workspace, private executive suite, kitchenette, and full bathroom.

Space Size1,162 SF
Days on Market5

Property Features for 19-23 Pleasant St 103

General Information

Standard status Active
Size 1,162 SF
Net Rentable 1,162 SF
Property subtype Commercial

Space & Availability

Available Space 1,162 SF
Contiguous Space 1,162 SF
Space Use Office
Condition Turnkey
Available From Immediate
Private Offices 1

Additional Details

Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $5,680

Amenities

kitchenette
full bathroom
central heat & air conditioning

Building Details

Building Size 1,162 SF
Year Built 1876
Listing Agency: Compass
Listed By: Sean Bakhtiari · License #9565597
Source: Elliman
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 13 at 7:26AM

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 Compass

Investment Insights

Based on property information with market context.

This 1,162-square-foot mixed-use condominium combines a reconfigured commercial interior with updated building systems and finished spaces. The layout includes an open collaborative work area, private executive suite, kitchenette with appliances and filtered water system, and a full bathroom with a tiled walk-in shower. Exposed brick, tile flooring, abundant natural light, and a private entrance from Prince Place add character and functionality. Improvements include new plumbing, HVAC, electrical, lighting, walls, ceilings, fixtures, and finishes, along with central heat and air conditioning.

The property is located at 19-23 Pleasant St 103 in downtown Newburyport’s historic Mercantile Place. Parking is available immediately outside the unit on a non-deeded basis, with additional on-street parking nearby. The condominium also has 100-amp electrical service and a wet sprinkler system. Potential applications include professional office, legal, financial, consulting, creative, boutique retail, medical or wellness uses subject to approvals, and coworking.

Key Highlights

  • 1,162 sqft commercial office/retail condominium
  • Gut‑renovated interior with updated plumbing, HVAC, electrical, lighting, and finishes
  • Open workspace plus private executive suite

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic

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
Sprinkler system
NNN (Triple Net)
Lease Type
$5.42 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,862
Businesses Nearby

Demographics for 01950, MA

18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
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?
Mixed-use property - Flexible commercial layout with an open workspace, private executive suite, kitchenette, and full bathroom.
Where is this mixed-use property located?
The property is located at 19-23 Pleasant St 103 Newburyport, MA.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 1,162 sqft commercial office/retail condominium; Gut‑renovated interior with updated plumbing, HVAC, electrical, lighting, and finishes; Open workspace plus private executive suite
More about this property
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