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30-32 Water Street #2 - 30-32 Water Street #2, Newburyport, MA 01950 451 SF Office/Retail Condo Unit Offered at $450,000 in Newburyport, MA 01950
Investment Highlights
- rights to street-facing signage
- deeded parking
- natural light
Executive Summary
Exceptional visibility meets flexible commercial space in the heart of downtown Newburyport. Positioned along high-traffic Water Street with rights to prominent street-facing signage and an existing sign holder already in place, this 451 SF commercial condo offers an attractive opportunity for both retail and office users. The space is currently configured into three bright rooms with an abundance of natural light from 5 five-foot windows, ~9-foot ceilings, plus a dedicated basement storage area. Three mini-splits provide heating and cooling in addition to electric baseboard heat. The property also includes one deeded parking space and five visitor parking spaces. Ideally suited for boutique retail, professional office, wellness or service-based businesses, the unit enjoys a highly walkable downtown location surrounded by Newburyport's shops, restaurants and waterfront. For users seeking a more open layout, the existing configuration may offer the potential to be opened into a larger space; buyer to perform their own due diligence regarding feasibility and approvals.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | No. Parking Spaces | 1 |
| Sale Type | Owner User |
| No. Parking Spaces | 1 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 451 SF | Office/Retail | $450,000 ($997.78/SF) | - |
Unit 2
| Unit Size |
| 451 SF |
| Condo Use |
| Office/Retail |
| Price |
| $450,000 ($997.78/SF) |
| NOI |
| - |
Unit 2
| Unit Size | 451 SF |
| Condo Use | Office/Retail |
| Price | $450,000 ($997.78/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 1 |
| Description | |
| Exceptional visibility meets flexible commercial space in the heart of downtown Newburyport. Positioned along high-traffic Water Street with rights to prominent street-facing signage and an existing sign holder already in place, this 451 SF commercial condo offers an attractive opportunity for both retail and office users. The space is currently configured into three bright rooms with an abundance of natural light from 5 five-foot windows, ~9-foot ceilings, plus a dedicated basement storage area. Three mini-splits provide heating and cooling in addition to electric baseboard heat. The property also includes one deeded parking space and five visitor parking spaces. Ideally suited for boutique retail, professional office, wellness or service-based businesses, the unit enjoys a highly walkable downtown location surrounded by Newburyport's shops, restaurants and waterfront. For users seeking a more open layout, the existing configuration may offer the potential to be opened into a larger space; buyer to perform their own due diligence regarding feasibility and approvals. | |
| Sale Notes | |
| Seller/sellers agent make no representations or warranties. Buyer to do own due diligence. The HOA consists of 3 retail units on the ground level plus 4 residential units on the 2nd and 3rd levels. $351.31/mth HOA (water/sewer, master ins, ext maintenance, landscaping, snow & trash removal & parking |
Property Facts
Nearby Major Retailers
Contact the Sale Advisor
30-32 Water Street #2 - 30-32 Water Street #2, Newburyport, MA 01950