Building Details

Year Built 1900

Buildings 1

Listing Agency: LPT Realty - Home & Key Group Show Phone

Listed By: Chris Bernier Show Phone

Source: Churchillprop

Added: Apr 2 Changed: Sep 3 Last Checked: Sep 4 at 3:10AM

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Investment Insights

Based on property information with market context.

Built in 1900, this freestanding office unit provides approximately 250 square feet of independent workspace in a cottage-style setting. The layout includes a full bathroom, while a mini-split system provides heating and cooling. One off-street parking space is included, and the private backyard area is maintained by the tenant.

The property is located at 5 Ashland Ave in Manchester-by-the-Sea, Massachusetts, within walking distance of Manchester Harbor, commuter rail service, shops, and restaurants. The tenant is responsible for electric heat and lighting. Zoning is G, and the space is available in June.

Key Highlights

• Approximately 250± sq ft of office space in a freestanding cottage
• Full bath and mini‑split heating and cooling system
• One off‑street parking space included

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Nail Salon Law Firm Pharmacy HVAC Service Hair Salon Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

342

Businesses Nearby

Explore this area Business Placement

Demographics for 01944, MA

5,395

Population

2,281

Households

2.4

Avg Household Size

50

Median Age

84%

College-Educated

99%

High-School Grad

9.2 sq mi

ZIP Area

586

Density / Sq Mi

$197,875

Median Household Income

$99,797

Median Earnings

$1,872

Median Rent

$932,000

Median Home Value

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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What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - Independent office setting with a full bath, mini-split heating and cooling, private outdoor area, and dedicated off-street parking.

Where is this office units located?

The property is located at 5 Ashland Ave Manchester, MA.

What are key features of this property?

This property features: Approximately 250± sq ft of office space in a freestanding cottage; Full bath and mini‑split heating and cooling system; One off‑street parking space included