55-57 Pleasant st - Storefront FOR SALE


Newburyport, MA 01950
$2,290,000 USD
203-692-2420
55-57 Pleasant st, Newburyport, MA for Sale
$2,290,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

55-57 Pleasant st
Newburyport, MA 01950


HIGHLIGHTS

  • 12,086 SF Mixed-Use Property | 100% Occupied
  • Two Commercial Storefronts & Office Suites
  • Value Add Opportunity Through Market Rents
  • Additional Parking Income | Lot Size of 0.20 Acres

OVERVIEW

Northeast Private Client Group is pleased to present the Pleasant Street Mixed-Use Property at 55-57 Pleasant Street, Newburyport, MA. Originally constructed in 1900, the property has been updated to accommodate modern commercial needs while retaining its historic charm. This 12,086 SF (including 3,648 SF of unfinished basement) mixed-use brick masonry building is ideally suited for retail, office, or boutique business operations. Comprised two commercial storefronts & office suites along with off-street parking that generates income. The property is surrounded by well-established retail shops, restaurants, and professional offices, all within walking distance to the waterfront and the MBTA commuter rail. Ideal for an investor looking to capitalize on Newburyport’s thriving economic environment or an owner-occupier seeking a standout location, this property delivers exceptional value and potential. All interested and qualified parties will have the opportunity to tour the building during scheduled appointments and obtain additional information upon request.

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pleasant Street Mixed-Use

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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Edward JordanNortheast Private Client GroupMore Info
203-692-2420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.