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Mixed-Use Development with Drive-Thru
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49 S Main St, Middleton, MA 01949

Ground lease or build-to-suit options with drive-thru and flexible building sizes within a new mixed-use development.

Property Size18,800 SF
Days on Market789

Property Features for 49 S Main St

General Information

Standard status Active
Size 18,800 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Atlantic Retail - Corporate
Listed By: Mary Powers
Source: Moodyscre
Added: Jun 4, 2024 Changed: Jul 30 Last Checked: Aug 1 at 7:23AM

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 Atlantic Retail - Corporate

Investment Insights

Based on property information with market context.

A new mixed-use development at 49 S Main St in Middleton is being planned on the former site of Angelica’s restaurant. The offering includes high-profile pad sites available on 114 at Route 62, with ground lease or build-to-suit options that support flexible building sizes. Drive-thru service is available for the commercial component.

The project contemplates 60 proposed residential units on site, creating an integrated live-work environment. The location is positioned to serve commuter traffic on Route 114 and the surrounding communities of North Andover, Middleton, Lynnfield, and Danvers.

The PropertySize is 18,800 square feet, supporting multiple configuration approaches for a tenant seeking a commercial footprint within the planned development.

Key Highlights

  • Drive‑thru available for the planned commercial component
  • Ground lease or build‑to‑suit with flexible building sizes
  • High‑profile pad sites available on 114 at Route 62

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pharmacy HVAC Service Auto Parts Store Storage Facility Furniture & Home Goods Bakery

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
18,888 visits/mo 0.2 miles
Santander Bank Shops & Services
3,000 visits/mo 0.1 miles
People's United Bank Shops & Services
1,827 visits/mo 0.3 miles

Demographics for 01949, MA

9,779
Population
3,450
Households
2.8
Avg Household Size
44
Median Age
42%
College-Educated
91%
High-School Grad
13.4 sq mi
ZIP Area
730
Density / Sq Mi
$171,458
Median Household Income
$66,028
Median Earnings
$1,621
Median Rent
$713,000
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground lease or build-to-suit options with drive-thru and flexible building sizes within a new mixed-use development.
Where is this mixed-use property located?
The property is located at 49 S Main St Middleton, MA.
What are key features of this property?
This property features: Drive‑thru available for the planned commercial component; Ground lease or build‑to‑suit with flexible building sizes; High‑profile pad sites available on 114 at Route 62
(617) 369-5915 Call to check price and availability
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