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Retail Space with Display Windows
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51 Atlantic Avenue Unit 2, Marblehead, MA 01945

The space includes central air conditioning, a private half bathroom, and access to parking in front of the shops.

Property Size600 SF
Price / SF$3.08
Days on Market3

Property Features for 51 Atlantic Avenue Unit 2

General Information

Standard status Active
Size 600 SF
Property subtype Commercial

Amenities

Central air conditioning
Private half bathroom

Building Details

Year Built 1930
Listing Agency: Gibson Sotheby's International Realty
Listed By: Daniel Devan
Source: Lockandkeyre
Added: Oct 4 Changed: Oct 6 Last Checked: Oct 6 at 2:48AM

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 Gibson Sotheby's International Realty

Investment Insights

Based on property information with market context.

This 600 SF retail space at 51 Atlantic Avenue, Unit 2, has large display windows, central air conditioning, and a private half bathroom. The building dates to 1930. The landlord must approve the proposed business use; food, coffee, and nail salon uses are not compatible with the other tenants.

The property is on Atlantic Avenue in Marblehead, with other retail businesses nearby. Parking is available in front of the shops and on Atlantic Avenue and surrounding streets. Common area fees include water, sewer, taxes, trash removal, house electric, and snow removal. A lease could begin November 1.

Key Highlights

  • 600 SF retail space at 51 Atlantic Avenue, Unit 2, in Marblehead
  • Large windows suited to merchandise display
  • Central air conditioning and a private half bathroom

Property Analytics

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Current Use

Roses & Thistle (Bike/Boat/Book/etc) Store C'est la Vie ... Home Decor Store Marblehead Opticians Ophthalmologist American Dream Financing Loan Service Atlantic Investment Partners ... Financial Advisor

Suggested Use

Top Pick Grocery & Convenience Store Bakery Food Market Dental Office 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.

Location Intelligence

Trade Area within ½ mile

1,264
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Retail space - The space includes central air conditioning, a private half bathroom, and access to parking in front of the shops.
Where is this retail space located?
The property is located at 51 Atlantic Avenue Unit 2 Marblehead, MA.
What are key features of this property?
This property features: 600 SF retail space at 51 Atlantic Avenue, Unit 2, in Marblehead; Large windows suited to merchandise display; Central air conditioning and a private half bathroom
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