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Flex Space with Office Buildout
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65 Parker Unit 1, Newburyport, MA 01950

I-1 zoning and a dedicated office area complement the property's warehouse configuration.

Property Size2,236 SF
Price / SF$0.01
Days on Market4

Property Features for 65 Parker Unit 1

General Information

Standard status Active
Size 2,236 SF
Property subtype Commercial
Zoning I-1

Warehouse & Industrial

Drive-In Doors 1
Sprinkler System Yes

Amenities

kitchenette
roof top unit (RTU) providing heating and cooling
50-gallon hot water heater
vinyl plank flooring
¾ bath
mop sink

Building Details

Year Built 1988
Stories 2
Construction concrete block
Listing Agency: Laffely Real Estate Associates
Listed By: Sally Laffely · License #9011465
Source: Lockandkeyre
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:48PM

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.

At 65 Parker Street, Unit 1, this 2,236-square-foot flex property combines warehouse area with a second-floor office buildout. The first floor has a concrete slab, more than 17 feet of ceiling height, and a 10-by-10-foot garage door. Concrete block construction and a full sprinkler system are also in place. The upper level includes three offices and two additional unheated rooms suited to storage. A three-quarter bath, mop sink, and kitchenette round out the interior. Heating is provided by natural gas Reznor units and a rooftop system that also supplies cooling; the property has a 50-gallon water heater and vinyl plank flooring.

The property is zoned I-1 and dates to 1988. It is adjacent to the MBTA train station and a short distance from downtown Newburyport. On-site parking is available.

Key Highlights

  • 2,236 SF of flex space, built in 1988
  • I‑1 zoning
  • 10' x 10' garage bay door and first‑floor ceiling height exceeding 17'

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

1
Drive-in doors
Yes
Sprinkler system

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
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Market

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
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Frequently Asked Questions

What type of property is this?
Flex space - I-1 zoning and a dedicated office area complement the property's warehouse configuration.
Where is this flex space located?
The property is located at 65 Parker Unit 1 Newburyport, MA.
What are key features of this property?
This property features: 2,236 SF of flex space, built in 1988; I‑1 zoning; 10' x 10' garage bay door and first‑floor ceiling height exceeding 17'
More about this property
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