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Downtown Methuen Office Space
For Lease
$1,250/Mo

5 Pleasant St 108, Methuen, MA 01844

Two-level office space in a restored historical building.

Space SizeContact for details
Lot Size0.73 Acres
Days on Market159

Property Features for 5 Pleasant St 108

General Information

Standard status Active
Lot size 0.73 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $27,355

Building Details

Year Built 1900
Listing Agency: McKeon / Corcoran Real Estate
Listed By: Robin R. McKeon
Source: Elliman
Added: Mar 10 Changed: Aug 12 Last Checked: Aug 12 at 10:25AM

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 McKeon / Corcoran Real Estate

Investment Insights

Based on property information with market context.

Located in Downtown Methuen, Unit 108 features two levels with sunny exposure and three windows, including a large bay window. This space is suitable for an artist or an office needing a conference room, bookkeeper, lawyer, or tax services. The property is located in a restored historical building. Public transportation is available. The tenant will be responsible for water and sewer if needed for business purposes.

Key Highlights

  • Centrally located in Downtown Methuen
  • Two‑level unit with sunny exposure and a large bay window
  • Suitable for various business types (artist, office, etc.)

Property Analytics

Current Use

Mi Mexico Lindo Restaurant Centro Familiar Cristiano ... Church WLHG-Company Discount Store JF Tax Services Accounting Firm DT Designs Textile Manufacturer

Suggested Use

Top Pick Parking Lot & Garage Locksmith Catering Service (Bike/Boat/Book/etc) Store Travel Agency Auto Parts 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby

Demographics for 01844, MA

52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value

Market

Lease Benchmarks for Methuen, MA

$21.46 /SF/Yr
Avg Asking Price
$12.72–$28.19 /SF/Yr
Price Range
4,201 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Office units - Two-level office space in a restored historical building.
Where is this office units located?
The property is located at 5 Pleasant St 108 Methuen, MA.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: Centrally located in Downtown Methuen; Two‑level unit with sunny exposure and a large bay window; Suitable for various business types (artist, office, etc.)
More about this property
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