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Property profile & analytics
OFF-MARKET
Commercial real estate

23 A Newburyport, MA 01950

Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 680-square-foot office space is ideally situated in the vibrant heart of downtown Newburyport, Massachusetts. Recently renovated, the property boasts attractive exposed brick walls, high-end finishes, and modern amenities designed for optimal functionality and comfort. Elegant hardwood floors and efficient air conditioning create a sophisticated and productive work environment. The space benefits from its central location, offering easy access to Newburyport's bustling commercial district and its many amenities. While the property itself doesn't include on-site parking, ample off-street parking is readily available at a nearby public lot, ensuring convenient access for tenants and clients. Currently fully leased, this investment opportunity provides a secure and stable income stream for the next two years, making it an attractive proposition for discerning investors seeking a strong return on investment in a desirable location. The property's combination of prime location, modern upgrades, and long-term lease guarantees a low-risk, high-reward opportunity within a thriving community. The asking price for this exceptional property is $449,900. This represents a significant opportunity to acquire a valuable asset in a highly sought-after area.

Property profile
Verified
Property type Commercial real estate
Year built 2022
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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