Flex Space with Warehouse and
For Sale
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69 Parker St # Rear, Newburyport, MA 01950
Warehouse, office, mezzanine, loading dock, and restroom with shower support varied operations.
Property Size4,750 SF
Price / SF$0.00
Days on Market336
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Property Features for 69 Parker St # Rear
General Information
Standard status
Active
Size
4,750 SF
Net Rentable
2,950 SF
Property subtype
Commercial
Zoning
C
Lease Type
NNN
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$19,687
Amenities
loading dock
restroom with shower
mezzanine
Building Details
Building Size
4,750 SF
Year Built
1999
Listing Agency:
Keller Williams Realty
(978) 475-2111
Listed By:
Faulkner Commercial Group
(978) 269-5445
Source:
Churchillprop
Added: Nov 13, 2025
Changed: Oct 6
Last Checked: Oct 14 at 8:09PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This 2,950 rentable square foot flex property combines approximately 1,950sf+/- of warehouse area with 1,000sf+/- of office space. A 4,000 sf mezzanine adds substantial usable area, while the loading dock, 8'x12' overhead door, and restroom with shower support day-to-day operations. The building was constructed in 1999 and carries C zoning.
The property is positioned on Parker St, described as a gateway to the Newburyport Business Park, with access to Route 1, Interstate 95, and the Newburyport train station. It is also near the Seaport Business Park and the Dexter Industrial Green.
The mezzanine may be expanded by about 4,800 sf +/-, potentially increasing total usable space to 7,750 sf +/-.
The property is positioned on Parker St, described as a gateway to the Newburyport Business Park, with access to Route 1, Interstate 95, and the Newburyport train station. It is also near the Seaport Business Park and the Dexter Industrial Green.
The mezzanine may be expanded by about 4,800 sf +/-, potentially increasing total usable space to 7,750 sf +/-.
Key Highlights
- 2,950 rentable square feet with approximately 1,950sf+/- of warehouse and 1,000sf+/- of office area
- 4,000 sf mezzanine included with the space
- Loading dock with an 8'x12' overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,379
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,580
$627.6K
Cap Rate 7%
$448,271
$448.3K
Cap Rate 9%
$348,656
$348.7K
Market Conditions
NOI Build-Up for 2,950 SF
Gross rent
$47.4K $16.08/SF
− Vacancy
−$2.6K −$0.88/SF
EGI
$44.8K $15.20/SF
− OpEx
−$13.4K −$4.56/SF
NOI
$31.4K $10.64/SF
Area
Essex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,580
Cap Rate 7%
$448,271
Cap Rate 9%
$348,656
Alternative Uses
Best Use
Office B
$1.17M
$1.03M – $1.37M
NOI $82,225 @ 7.0% cap · market cap 587,321.43%
Second Best
Flex RnD
$735.3K
$643.4K – $857.8K
NOI $51,469 @ 7.0% cap · market cap 367,635.71%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,247 @ 7.0% cap · market cap 873,192.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse, office, mezzanine, loading dock, and restroom with shower support varied operations.
Where is this flex space located?
The property is located at 69 Parker St # Rear Newburyport, MA.
What are key features of this property?
This property features: 2,950 rentable square feet with approximately 1,950sf+/- of warehouse and 1,000sf+/- of office area; 4,000 sf mezzanine included with the space; Loading dock with an 8'x12' overhead door
