Completely reimagined from the ground up, this beautifully gut-renovated 1,162 sqft commercial office/retail condominium offers a rare opportunity to lease a turnkey commercial space in the heart of downtown Newburyport's historic Mercantile Place. Following an extensive ~$150,000 renovation, nearly every aspect of the property has been thoughtfully upgraded, including a redesigned floor plan, new high-end kitchenette, full bathroom with tiled walk-in shower, updated plumbing, HVAC, electrical, flooring, walls, ceilings, lighting, fixtures, and finishes throughout... The flexible layout features a bright, open collaborative workspace, a private executive suite, a designer kitchenette complete with appliances and an Elkay recessed filtered water system, and a full bath with custom tiled shower. Exposed brick walls, abundant natural light, tile flooring throughout, and direct private access from Prince Place create a distinctive blend of historic character and modern functionality... Ideally suited for a wide variety of uses including professional offices, law firms, financial services, real estate, consulting, creative agencies, boutique retail, medical/wellness (subject to approvals), or shared coworking space. Additional features include central heat & air conditioning, 100-amp electrical service, wet sprinkler system, convenient non-deeded parking immediately outside the unit, abundant on-street parking, and located downtown near all of Newburyport's top attractions... A truly turnkey commercial opportunity in one of New England's most desirable downtown districts, ready for your business to move in.
Details
MLS #
73572689
Listing Type
For Sale
HOA Dues
$436
Sub-Type
Resale
Status
Active
Year
1876
Days On Site
21
Listing Provided By
Compass | The Bakhtiari Group
Features
Bath(s)
1
SQ Feet
1,162
Zoning
B2
Exterior
Roof
Tar/Gravel
Utilities
Utilities
Public Water, Public Sewer, 110 Volts
Taxes
Tax Annual Amount
5680
Tax Year
2026
Location
Senior Community Yes / No
No
Area Information
State
MA
County
Essex
City
Newburyport
Zip Code
01950
Area
Essex
Listing VS Median (in 01950)
Price: $4,500
low | high
Med: $912,450
100% of Average
sqft: 1,162
low | high
Med: 2,323
49.913941480207% of Average
$ / sqft: $4
low | high
Med: $393
100% of Average
On site: 21
low | high
Med: 71.5
29.370629370629% of Average
Sourced by Back At You
Market Activity 01950
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 8
Avg $ Per SqFt: $636.41
Min Sale Price: $651,000
Max Sale Price: $2,500,000
Med Sale Price: $1,029,500
Date: Jul 2026
Sales: 12
Avg $ Per SqFt: $678.09
Min Sale Price: $690,000
Max Sale Price: $2,350,000
Med Sale Price: $950,000
Date: Jun 2026
Sales: 24
Avg $ Per SqFt: $506.17
Min Sale Price: $3,496
Max Sale Price: $2,400,000
Med Sale Price: $1,080,000
Date: May 2026
Sales: 30
Avg $ Per SqFt: $514.57
Min Sale Price: $40
Max Sale Price: $2,155,000
Med Sale Price: $902,000
Date: Apr 2026
Sales: 38
Avg $ Per SqFt: $506.1
Min Sale Price: $1,575
Max Sale Price: $2,195,000
Med Sale Price: $945,000
Date: Mar 2026
Sales: 26
Avg $ Per SqFt: $510.32
Min Sale Price: $15
Max Sale Price: $2,600,000
Med Sale Price: $730,000
Date: Feb 2026
Sales: 15
Avg $ Per SqFt: $483.64
Min Sale Price: $35
Max Sale Price: $1,635,000
Med Sale Price: $560,000
Date: Jan 2026
Sales: 12
Avg $ Per SqFt: $486.39
Min Sale Price: $5,500
Max Sale Price: $1,709,500
Med Sale Price: $698,750
Date: Dec 2025
Sales: 5
Avg $ Per SqFt: $495.67
Min Sale Price: $729,000
Max Sale Price: $1,130,000
Med Sale Price: $849,000
Date: Nov 2025
Sales: 10
Avg $ Per SqFt: $460.87
Min Sale Price: $3,000
Max Sale Price: $2,695,000
Med Sale Price: $817,500
Date: Oct 2025
Sales: 18
Avg $ Per SqFt: $574.23
Min Sale Price: $3,900
Max Sale Price: $2,195,000
Med Sale Price: $879,750
Date: Sep 2025
Sales: 16
Avg $ Per SqFt: $573.23
Min Sale Price: $2,300
Max Sale Price: $2,400,000
Med Sale Price: $891,500
Sourced by Back At You
Aug 2026
Sales:
8
Avg $ Per SqFt:
$636.41
Min Sale Price:
$651,000
Max Sale Price:
$2,500,000
Med Sale Price:
$1,029,500
Jul 2026
Sales:
12
Avg $ Per SqFt:
$678.09
Min Sale Price:
$690,000
Max Sale Price:
$2,350,000
Med Sale Price:
$950,000
Jun 2026
Sales:
24
Avg $ Per SqFt:
$506.17
Min Sale Price:
$3,496
Max Sale Price:
$2,400,000
Med Sale Price:
$1,080,000
May 2026
Sales:
30
Avg $ Per SqFt:
$514.57
Min Sale Price:
$40
Max Sale Price:
$2,155,000
Med Sale Price:
$902,000
Apr 2026
Sales:
38
Avg $ Per SqFt:
$506.1
Min Sale Price:
$1,575
Max Sale Price:
$2,195,000
Med Sale Price:
$945,000
Mar 2026
Sales:
26
Avg $ Per SqFt:
$510.32
Min Sale Price:
$15
Max Sale Price:
$2,600,000
Med Sale Price:
$730,000
Feb 2026
Sales:
15
Avg $ Per SqFt:
$483.64
Min Sale Price:
$35
Max Sale Price:
$1,635,000
Med Sale Price:
$560,000
Jan 2026
Sales:
12
Avg $ Per SqFt:
$486.39
Min Sale Price:
$5,500
Max Sale Price:
$1,709,500
Med Sale Price:
$698,750
Dec 2025
Sales:
5
Avg $ Per SqFt:
$495.67
Min Sale Price:
$729,000
Max Sale Price:
$1,130,000
Med Sale Price:
$849,000
Nov 2025
Sales:
10
Avg $ Per SqFt:
$460.87
Min Sale Price:
$3,000
Max Sale Price:
$2,695,000
Med Sale Price:
$817,500
Oct 2025
Sales:
18
Avg $ Per SqFt:
$574.23
Min Sale Price:
$3,900
Max Sale Price:
$2,195,000
Med Sale Price:
$879,750
Sep 2025
Sales:
16
Avg $ Per SqFt:
$573.23
Min Sale Price:
$2,300
Max Sale Price:
$2,400,000
Med Sale Price:
$891,500
MLS Number: 73572689
The Bakhtiari Group – (603) 560-5357
Compass – (978) 248-8081
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