Building Details

Year Built 1980

Listing Agency: Essex Realty Group

Listed By: Richard Tomaiolo Show Phone

Source: Yourhomeforsale

Added: Mar 21 Changed: Oct 28 Last Checked: Oct 28 at 8:31AM

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Investment Insights

Based on property information with market context.

This 1,200-square-foot detached flex building was constructed in 1980 and features an open interior with a loft mezzanine. Garage doors provide access to a 1,000-square-foot area, while the rustic finish reflects its prior use as a woodworker shop. The layout can support office, warehouse, or small manufacturing functions.

Electric and gas utilities are separately metered and are not included. The property also offers open parking in the adjacent lot, along with an English garden setting.

Key Highlights

• 1,200 SF detached flex building constructed in 1980
• Open floor plan with loft mezzanine
• Garage doors open to a 1,000 sq. ft. area

Property Analytics

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

Open Analytics

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

Frequently Asked Questions

What type of property is this?

Flex space - Detached commercial space offers an open floor plan, separate electric and gas utilities, and flexible office or warehouse use.

Where is this flex space located?

The property is located at 74 Martin Unit 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: 1,200 SF detached flex building constructed in 1980; Open floor plan with loft mezzanine; Garage doors open to a 1,000 sq. ft. area