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Retail Suite with Display Windows

51 Atlantic Avenue Unit 2, Marblehead, MA 01945

For Lease
$1,847/Mo

The space includes central air conditioning, a private half bath, and parking serving the complex.

Space SizeContact for details
Days on Market68

Property Features for 51 Atlantic Avenue Unit 2

General Information

Standard status Active
Lease Type Gross

Additional Details

Space Use Retail

Amenities

large windows
central air conditioning
private half bathroom
parking

Building Details

Year Built 1930
Tenancy Multi
Listing Agency: Gibson Sotheby's International Realty
Listed By: Daniel Devan
Source: Somervillelofts
Added: Sep 3 Changed: Nov 8 Last Checked: Nov 8 at 6:53AM

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

Rey
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Investment Insights

Based on property information with market context.

This 600-square-foot retail suite is at 51 Atlantic Avenue, Unit 2, in a building constructed in 1930. Large windows provide display space, and the unit has central air conditioning and a private half bathroom. Parking is available in front of the shops and on Atlantic Avenue and nearby streets.

The property sits on a shopping street with other established retail businesses nearby and pedestrian traffic. Rent includes water, sewer, taxes, trash removal, house electricity, and snow removal. The landlord must approve the business use; food, coffee, and nail salon businesses are identified as incompatible with other tenants in the complex.

Key Highlights

  • 600‑square‑foot retail space at 51 Atlantic Avenue, Unit 2
  • Large windows for retail displays
  • Central air conditioning and a private half bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.54 /SF/Yr
CAM

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

Average Price Trend$/SF/Yr for Retail space in Essex County, MA

$26.21 Jul
$25.38 Aug
$25.04 Sep
$25.2 Oct

Properties on Market for Retail space in Essex County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The space includes central air conditioning, a private half bath, and parking serving the complex.
Where is this retail space located?
The property is located at 51 Atlantic Avenue Unit 2 Marblehead, MA.
What is the lease rate?
The lease rate is $1,847/Mo.
What are key features of this property?
This property features: 600‑square‑foot retail space at 51 Atlantic Avenue, Unit 2; Large windows for retail displays; Central air conditioning and a private half bathroom
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