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Neighborhood Retail Center
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34 Atlantic Avenue, Marblehead, MA 01945

The center is fully leased to three triple-net tenants and includes off-street parking.

Property Size2,925 SF
Days on Market145

Property Features for 34 Atlantic Avenue

General Information

Standard status Active
Size 2,925 SF
Property subtype Retail
Occupancy 100%

Additional Details

Corner Location Yes

Building Details

Year Built 2015
Buildings 1
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Todd Tremblay · License #MA 9​5​0​4​1​4​5
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 2:42AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This neighborhood shopping center contains a 2,925-square-foot retail building completed in 2015. The property is fully leased to three tenants under triple-net leases, providing an established occupancy profile within a compact retail format.

The building occupies a corner parcel along a primary road in downtown Marblehead, with off-street parking. Its setting is within the coastal North Shore community of Marblehead, a bedroom community serving Boston. The surrounding town is characterized by historical significance and high real estate costs, factors that have limited opportunities for new competing retail development.

Key Highlights

  • 2,925‑square‑foot retail building constructed in 2015
  • 100% leased to three triple‑net tenants
  • Corner lot on a primary road

Property Analytics

Current Use

The Fish Market Specialty Food Shop Plus Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Grocery & Convenience Store Dental Office Bakery Food Market Parking Lot & Garage (Bike/Boat/Book/etc) 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01945, MA

20,462
Population
8,899
Households
2.3
Avg Household Size
49
Median Age
77%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
4,650
Density / Sq Mi
$164,325
Median Household Income
$83,539
Median Earnings
$1,769
Median Rent
$904,700
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - The center is fully leased to three triple-net tenants and includes off-street parking.
Where is this shopping center located?
The property is located at 34 Atlantic Avenue Marblehead, MA.
What are key features of this property?
This property features: 2,925‑square‑foot retail building constructed in 2015; 100% leased to three triple‑net tenants; Corner lot on a primary road
More about this property
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