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Bright Flexible Retail Space

291 High Rd Unit 1, Newbury, MA 01951

For Lease
$4,500/Mo

Open commercial suite with natural light, on-site parking, and a riverside setting along the Parker River.

Space SizeContact for details
Days on Market50

Property Features for 291 High Rd Unit 1

General Information

Standard status Active

Building Details

Year Built 1948
Listing Agency: Gibson Sotheby's International Realty
Listed By: Jon Growitz
Source: Gooddeedsrealtypartners
Added: Sep 21 Changed: Oct 25 Last Checked: Oct 7 at 5:15PM

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

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Investment Insights

Based on property information with market context.

Retail space at 291 High Road, Unit 1, provides 2,077 square feet of open, adaptable commercial area. The bright interior receives abundant natural light and can be arranged for professional office, retail, creative studio, fitness or wellness, showroom, and service-oriented uses. The building dates to 1948.

On-site parking supports employees, clients, and customers. The property is situated along the Parker River in Newbury, with access to Newburyport and surrounding North Shore communities. Its riverside setting provides a distinctive environment for a business seeking flexible commercial space outside a conventional retail setting.

Key Highlights

  • 2,077 SF of flexible commercial space
  • Open layout with abundant natural light
  • On‑site parking for employees, clients, and customers

Property 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
$3.90 /SF/Yr
CAM

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

Market

Average Price Trend$/SF/Yr for Retail space in Essex County, MA

$26.21 Jul
$25.38 Aug
$25.04 Sep
$25.2 Oct

Properties on Market for Retail space in Essex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Open commercial suite with natural light, on-site parking, and a riverside setting along the Parker River.
Where is this retail space located?
The property is located at 291 High Rd Unit 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: 2,077 SF of flexible commercial space; Open layout with abundant natural light; On‑site parking for employees, clients, and customers
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