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Ground-Floor Retail Suites
For Lease
$38 SF/Yr

Ghi-350 Pleasant St, Watertown, MA 02472

Flexible storefront space with separate utilities and dedicated HVAC for each suite.

Space Size1,750 SF - 5,250 SF
Days on Market10

Property Features for Ghi-350 Pleasant St

General Information

Standard status Active
Size 1,750 SF - 5,250 SF
Net Rentable 1,750 SF

Space & Availability

Available Space 1,750-5,250 SF
Divisible Yes
Floor Ground

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $21,966

Amenities

dedicated storefront entrance
rear entrance
separate utility metering
dedicated heating and cooling
Listing Agency: Chase Hathaway Residential
Listed By: Tracy Johnson
Source: Exprealty
Added: Sep 5 Changed: Sep 13 Last Checked: Sep 13 at 2:57PM

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 Chase Hathaway Residential

Investment Insights

Based on property information with market context.

Ground-floor retail and food-service space is configured as three proposed suites of approximately 1,750 SF each. Suites may be leased individually, combined, or taken together. Each suite includes a storefront entrance, rear entrance, separately metered utilities, and dedicated heating and cooling.

The property is located at 350 Pleasant Street in Watertown, Massachusetts. A beer-and-wine license is associated with the former market operation; any transfer or issuance for a new operator requires a separate application and governmental approval.

Key Highlights

  • Three proposed suites of approximately 1,750 SF each
  • Ground‑floor retail and food‑service configuration
  • Suites may be leased individually, combined, or as the full space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Accounting Firm Pharmacy Grocery & Convenience Store Nursing Home Clothing & Fashion Store Bar & Pub

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,003
Businesses Nearby
114k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 41% Shops & Services 33% Dining 21% Beauty & Spa 4%
Stop & Shop Groceries
47,332 visits/mo 0.5 miles
Bertucci's Dining
10,950 visits/mo 0.5 miles
Speedway Shops & Services
9,142 visits/mo 0.2 miles
Starbucks Dining
8,578 visits/mo 0.4 miles
Bank of America Shops & Services
7,651 visits/mo 0.1 miles

Demographics for 02472, MA

35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value

Market

Lease Benchmarks for Watertown, MA

$33.69 /SF/Yr
Avg Asking Price
$27.26–$41.38 /SF/Yr
Price Range
2,644 SF
Avg Space Size

This space is priced 13% above the average of $33.69 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible storefront space with separate utilities and dedicated HVAC for each suite.
Where is this retail space located?
The property is located at Ghi-350 Pleasant St Watertown, MA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Three proposed suites of approximately 1,750 SF each; Ground‑floor retail and food‑service configuration; Suites may be leased individually, combined, or as the full space
More about this property
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