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Renovated Mixed-Use Commercial Unit
For Lease
$3,500/Mo

19-23 Pleasant Street Unit 103, Newburyport, MA 01950

Flexible downtown condominium with open workspace, private office, kitchenette, full bath, and direct private access from Prince Place.

Space Size1,162 SF
Days on Market14

Property Features for 19-23 Pleasant Street Unit 103

General Information

Standard status Active
Size 1,162 SF
Net Rentable 1,162 SF

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

Utilities to Site Yes
Sprinkler System Yes

Amenities

high-end kitchenette
full bathroom with tiled walk-in shower
exposed brick walls
central heat & air conditioning
100-amp electrical service

Building Details

Year Built 1876
Listing Agency: Compass
Listed By: Sean Bakhtiari
Source: Sarkisboston
Added: Sep 1 Changed: Sep 14 Last Checked: Sep 14 at 7:56AM

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 commercial condominium combines office and retail functionality within a substantially renovated interior. The layout includes an open collaborative workspace, private executive suite, appliance-equipped kitchenette, full bathroom with tiled walk-in shower, and exposed brick walls. Upgrades include plumbing, HVAC, electrical, flooring, lighting, ceilings, walls, fixtures, and finishes. Central heat and air conditioning, 100-amp electrical service, and a wet sprinkler system are also in place.

Located in downtown Newburyport at historic Mercantile Place, the unit has direct private access from Prince Place, natural light, and tile flooring throughout. Convenient non-deeded parking is immediately outside the unit, with additional on-street parking nearby. The property was built in 1876 and is offered with a configuration that supports office, boutique retail, and other approved commercial uses.

Key Highlights

  • 1,162‑square‑foot commercial condominium with office and retail functionality
  • Open workspace, private executive suite, kitchenette, and full bathroom with tiled walk‑in shower
  • Extensive renovation includes updated HVAC, plumbing, electrical, flooring, lighting, walls, and ceilings

Property Analytics

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Current Use

Office Units

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
Yes
Utilities to site
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible downtown condominium with open workspace, private office, kitchenette, full bath, and direct private access from Prince Place.
Where is this mixed-use property located?
The property is located at 19-23 Pleasant Street Unit 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‑square‑foot commercial condominium with office and retail functionality; Open workspace, private executive suite, kitchenette, and full bathroom with tiled walk‑in shower; Extensive renovation includes updated HVAC, plumbing, electrical, flooring, lighting, walls, and ceilings
More about this property
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