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Flex Space with Office Buildout
New
For Lease
$15 SF/Yr

65 Parker # 1, Newburyport, MA 01950

I-1 zoning and dedicated office areas accommodate a mix of permitted commercial uses.

Space SizeContact for details
Property Size2,236 SF
Days on Market4

Property Features for 65 Parker # 1

General Information

Standard status Active
Size 2,236 SF
Property subtype COMMERCIAL
Zoning I-1
Lease Type NNN

Lease Terms

Lease Rate $15 /USD/SF/YR
Rent per SF/Year $15

Warehouse & Industrial

Clear Height 17 ft
Sprinkler System Yes

Additional Details

Space Use Warehouse

Taxes and HOA fees

Annual Taxes $3,678

Amenities

kitchenette
roof top unit (RTU)
50-gallon hot water heater
vinyl plank flooring

Building Details

Building Size 2,236 SF
Year Built 1988
Construction concrete block
Listing Agency: Laffely Real Estate Associates
Listed By: Sally Laffely · License #9011465
Source: Kevinfruh
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:14PM

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 Laffely Real Estate Associates

Investment Insights

Based on property information with market context.

This 2,236-square-foot flex property, built in 1988, combines a concrete-block structure with a first-floor concrete slab and ceiling clearance exceeding 17 feet. A 10-by-10-foot garage door serves the ground level, which also has a 3/4 bath and mop sink. Upstairs are three offices and two additional unheated rooms suited to storage. Other features include a kitchenette, vinyl plank flooring, a full sprinkler system, a 50-gallon water heater, natural gas Reznor heaters, and an RTU for heating and cooling.

The property is zoned I-1 and is next to the MBTA train station. Downtown Newburyport is a short drive away. Parking is available at the property.

Key Highlights

  • 2,236 square feet; built in 1988
  • I‑1 zoning
  • 10' x 10' garage bay door and 17'+ ceiling height

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Parts Store Hair Salon Law Firm Nail Salon Pharmacy

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

17 ft
Clear height
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01950, MA

18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newburyport, MA

$14.4 /SF/Yr
Avg Asking Price
$14–$15 /SF/Yr
Price Range
11,539 SF
Avg Space Size

This space is priced 4% above the average of $14.4 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - I-1 zoning and dedicated office areas accommodate a mix of permitted commercial uses.
Where is this flex space located?
The property is located at 65 Parker # 1 Newburyport, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 2,236 square feet; built in 1988; I‑1 zoning; 10' x 10' garage bay door and 17'+ ceiling height
More about this property
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