Building Details

Building Size 1,200 SF

Year Built 1980

Listing Agency: Essex Realty Group Show Phone

Listed By: Richard Tomaiolo Show Phone

Source: Alliancepartnersre

Added: May 19 Changed: Aug 8 Last Checked: Aug 11 at 2:03PM

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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 Essex Realty Group

Investment Insights

Based on property information with market context.

This 1,200 square foot flex space features an open floor plan with a loft mezzanine. The detached building includes separate electric and gas utilities. The property is set in a location with an English garden. It offers ample open parking in the lot next to the building. Garage doors open to a 1,000 sq. ft. space. The rustic interior was formerly a woodworker shop. This space is suitable for a business venture, office, warehouse, or small manufacturing. Utilities are not included.

Key Highlights

• Detached building with separate utilities (electric and gas).
• Open floor plan with loft mezzanine and 1000 sq. ft. garage door access.
• Plenty of open parking in lot next to building.

Property Analytics

Property Profile

Current Use

Marshview Massage and Wellness Alternative Medicine Practice Essex Realty Group Real Estate Agency The Music Asylum Vocational School Impadov Industrial Manufacturer The Estuary Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Pharmacy Building Supply Big Box & Wholesale 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

NNN (Triple Net)

Lease Type

$3.75 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

173

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 01929, MA

3,618

Population

1,527

Households

2.4

Avg Household Size

45

Median Age

69%

College-Educated

96%

High-School Grad

13.9 sq mi

ZIP Area

260

Density / Sq Mi

$151,509

Median Household Income

$66,033

Median Earnings

$1,828

Median Rent

$828,200

Median Home Value

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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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Open floor plan suitable for office, warehouse, or manufacturing.

Where is this flex space located?

The property is located at 74 Martin #4 Essex, MA.

What is the lease rate?

The lease rate is $2,500/Mo.

What are key features of this property?

This property features: Detached building with separate utilities (electric and gas).; Open floor plan with loft mezzanine and **1000 sq. ft. garage door access.**; Plenty of open parking in lot next to building.