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Financial
Distress signals
Property profile

19-23 Pleasant St 103 Newburyport, MA 01950

FOR SALE
Other office properties
Property ID
US38-2215450
1,162 SF Built 1876
Last sale Apr 2021 · $410,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use retail condominium is located in downtown Newburyport at 19–23 Pleasant Street, within Mercantile Place. The unit is configured with approximately 3,185 square feet on the first floor and an additional approximately 2,952 square feet on the lower level for a total of over 6,000 square feet. The storefront level includes oversized windows and provides visibility along State Street, with frontage and access enhanced by nearby highway connectivity to US 1. Past use included retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$386k
Assessed improvement$386k
Effective rate1.00%

Value estimate

· Oct 2026
$590k
$531k – $649k
AI approach$515k
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$10k
Operating expenses−$11k
NOI · 4.73% cap applied$32k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$909/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$305 – $2,202
Qualifying comparables15

Cap rate analysis

How does the asset earn?
4.73%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNEWBURYPORT

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.7
Daycare Center8.9
Catering Service8.8

Location

19-23 Pleasant St, Unit 103 Newburyport, MA 01950
County assessor Recorded deeds · not on file 15 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Middle, Newburyport, MA 01950-2716 $161,700 Feb 2026 846 SF
23 State, Newburyport, MA 01950-6609 $1,200,000 Jan 2025 1,936 SF
1 Harris St, Newburyport, MA 01950-2600 $325,000 Jan 2025 968 SF
74 Water, Newburyport, MA 01950-2955 $434,000 Aug 2019 1,986 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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