4400SF Class A Office Space, Newburyport

222 Merrimac Street Newburyport, MA 01950

222 Merrimac Street, Newburyport, MA, 01950
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Feb 07, 2023

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Highlights

  • Class A Office Space
  • 12 Private Offices, 2 Executive Offices
  • Elevator, 2 ADA Restrooms
  • Panoramic River Views

Description

Stunning 4,400 square foot, top floor Class A office space for lease just outside of downtown on Merrimac Street. This is a company headquarters quality space, with quality buildout and finishes throughout. Situated with panoramic views of the Merrimack River, this space features a large open team bullpen or cubicle space and 10 private offices, and 2 executive offices or conference rooms.

The space features direct elevator service, two ADA restrooms, a large kitchen, and has gas heat and full central air conditioning, of course. Ample parking on the side and rear of the building for employees and clients. NNN lease, the tenant will pay all expenses in addition to the base rent.

Just 2 miles to I-95; 5 miles to I-495, yet minutes to all that downtown & waterfront Newburyport has to offer: restaurants, retail, professional services, and much more. All information was obtained from seller & public records, prospective buyers are encouraged to perform due diligence as to details and suitability for their intended use

Located along the Merrimack River, just outside downtown Newburyport.


Year Built: 1912
Building Size: 12320sq ft
Building Class: A
Lot Size: 0.88 acres

Units for Lease

Second Floor
Space Available: 4400 SF
Lease Type: NNN

Price Per Sqft/Month: $26.00

Map of 222 Merrimac Street, Newburyport, MA, 01950

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.