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Two-Level Creative Space
For Lease
$1,250/Mo

5 Pleasant St Unit 108, Methuen, MA 01844

Historic downtown commercial space offers sunny exposure and a large bay window for creative or professional use.

Space SizeContact for details
Days on Market28

Property Features for 5 Pleasant St Unit 108

General Information

Standard status Active

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Space Use Office

Building Details

Year Built 1900
Listing Agency: McKeon / Corcoran Real Estate
Listed By: Robin R. McKeon
Source: Melanienorcross
Added: Aug 5 Changed: Aug 29 Last Checked: Aug 31 at 7:09PM

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.

Unit 108 is a two-level creative space within the restored Red Tavern, a historic commercial building completed in 1900. The premises receive sunny exposure through three windows, including a large bay window, and include room that may support creative work or professional office functions such as meetings and conferences.

The property is at 5 Pleasant St in Downtown Methuen, with public transportation serving the area. The space may suit an artist or professional service user, including bookkeeping, legal, or tax-related operations. Water and sewer costs are the tenant’s responsibility when required for business use.

Key Highlights

  • Two levels with 3 windows, including a large bay window
  • Located in Downtown Methuen at 5 Pleasant St Unit 108
  • Situated in a beautifully restored Historical building

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

Yes
Utilities to site
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

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?
Creative space - Historic downtown commercial space offers sunny exposure and a large bay window for creative or professional use.
Where is this creative space located?
The property is located at 5 Pleasant St Unit 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: Two levels with 3 windows, including a large bay window; Located in Downtown Methuen at 5 Pleasant St Unit 108; Situated in a beautifully restored Historical building
More about this property
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