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Bright Riverside Retail Space
For Lease
$4,500/Mo

291 High Rd 1, Newbury, MA 01951

Flexible commercial suite with an open configuration, abundant natural light, and on-site parking.

Space SizeContact for details
Property Size2,077 SF
Days on Market8

Property Features for 291 High Rd 1

General Information

Standard status Active
Size 2,077 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $19,500

Building Details

Building Size 2,077 SF
Year Built 1948
Listing Agency: Gibson Sotheby's International Realty
Listed By: Jon Growitz
Source: Elliman
Added: Sep 18 Changed: Sep 22 Last Checked: Sep 24 at 2:59PM

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 Gibson Sotheby's International Realty

Investment Insights

Based on property information with market context.

Unit 1 at 291 High Road provides over 2,000 square feet of commercial space for lease in a bright, adaptable setting. The open floor plan can be arranged for retail, professional office, creative studio, fitness or wellness, showroom, and service-oriented uses. Natural light contributes to an inviting interior, while the flexible configuration supports a tenant-specific layout. Built in 1948, the property offers a distinctive commercial setting along the Parker River.

On-site parking supports employees, visitors, and customers. The property is located in Newbury, with access to Newburyport and surrounding North Shore communities. Walk Score is 18 and Bike Score is 23, classified as Car-Dependent and Somewhat Bikeable, respectively.

Key Highlights

  • Over 2,000 SF of commercial space in Unit 1
  • Open, adaptable floor plan with abundant natural light
  • Parker River setting at 291 High Rd, Newbury, MA 01951

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Kitchen & Bath Showroom Department Store Bar & Pub

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

36
Businesses Nearby

Demographics for 01951, MA

3,582
Population
1,731
Households
2.1
Avg Household Size
53
Median Age
61%
College-Educated
100%
High-School Grad
14.3 sq mi
ZIP Area
250
Density / Sq Mi
$175,779
Median Household Income
$85,854
Median Earnings
$1,803
Median Rent
$808,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Retail space - Flexible commercial suite with an open configuration, abundant natural light, and on-site parking.
Where is this retail space located?
The property is located at 291 High Rd 1 Newbury, MA.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Over 2,000 SF of commercial space in Unit 1; Open, adaptable floor plan with abundant natural light; Parker River setting at 291 High Rd, Newbury, MA 01951
More about this property
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