Building Details

Year Built 2001

Listing Agency: Keller Williams Realty Evolution

Listed By: Stephen Cavanaugh Show Phone

Source: Merryfoxrealty

Added: Jul 1 Changed: Sep 9 Last Checked: Sep 10 at 5:57AM

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Investment Insights

Based on property information with market context.

Unit 5 is a well-maintained commercial condominium configured as an open-concept first-floor space suitable for retail or office use. The suite also includes additional attic storage, offering extra room for inventory, supplies, or operational needs. The space is served by a private restroom and central heating and air conditioning, providing day-to-day comfort for employees and customers.

The property is located on Route 97 at 939 Salem Street in Groveland within a 9-unit plaza. The plaza is described as well-run and self-managed by the association, and the site includes ample on-site parking for visitors and staff.

This layout supports tenants looking for flexible storefront-style space along with dedicated storage and in-suite restroom facilities. Central HVAC and on-site parking are practical considerations for both customer-facing businesses and professional offices, while the addition of attic storage can help reduce clutter in the primary work area. Unit 5 offers a straightforward, functional configuration within a small commercial condominium setting.

Key Highlights

• Commercial/office/retail condo in a 9‑unit plaza on Route 97 in Groveland, MA
• Unit 5 offers approx. 951 SF of open‑concept first‑floor space plus approx. 650 SF attic storage
• Includes a private restroom for the unit

Property Analytics

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Open Analytics

Current Use

Artisan Floor Covering Carpet & Flooring Store Dr. Laura Anne ... Physician Law Office of Martin ... Law Firm Fens Associates Furniture & Home Goods Sparkle Gear Production Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Hair Salon Parking Lot & Garage

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

106

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 01834, MA

6,752

Population

2,756

Households

2.4

Avg Household Size

46

Median Age

46%

College-Educated

97%

High-School Grad

8.9 sq mi

ZIP Area

759

Density / Sq Mi

$135,521

Median Household Income

$79,521

Median Earnings

$1,815

Median Rent

$571,900

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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

Frequently Asked Questions

What type of property is this?

Storefront property - Open-concept first-floor suite with private restroom, HVAC, and attic storage in a multi-unit plaza.

Where is this storefront property located?

The property is located at 939 Salem Street Unit 5 Groveland, MA.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Commercial/office/retail condo in a 9‑unit plaza on Route 97 in Groveland, MA; Unit 5 offers approx. 951 SF of open‑concept first‑floor space plus approx. 650 SF attic storage; Includes a private restroom for the unit