CCertihomes
27 Atlantic Avenue, Marblehead, MA 01945

$1,950

0 beds 0 baths Built 1950Active

About this home

Rare commercial space opportunity to be in a storefront located in thriving downtown Marblehead on Atlantic Ave. This sunny spacious unit is perfect for professional services, offices, fitness , lawyers, insurance or retail. With corner exposure, the light is fabulous coming into the building. Owner willing to resstore the second floor/mezzanine with vaulted ceilings and windows to accommodate the needs of tenant. Open floor plan allowing for creative space. Designated off-street parking. Triple net is divided three ways with a barber shop & Mino's eating establishment & is estimated at approximately $5, 100/year. Ready to lease as last tenant has vacated premises. Landlord offer first month's rent waived to give tenant time to build out and set up. Handicap accessible. Separate utilities. Be in the heart of shops, restaurants, the harbor, entertainment and more. Perfect visibility both by car and foot traffic.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$1,156/mo

Real estate (PITI + HOA + PMI)
$769
Principal + interest$13
Property tax + insurance$755
PMI / 2nd mortgage$1
Utilities
$348
Heating + cooling$12
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$110
Car insurance + maintenance$110
Other (entertainment)
$158
$1,156/mo TLC
Budget$5,000/mo
Remaining after TLC$3,844/mo
Purchase price
$1,950
Down payment
$98 (5%)
Loan amount
$1,853
APR
7.2%

Quick facts

Type
RNT
Style
Year built
1950
Lot size
0.17 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$9,023
MLS #
73230948
County
Essex

Neighborhood — 01945

MetricThis ZIPCountyUSA
Population19,4896,444,931299,088,112
Population Change Since19903.00%7.00%20.00%
Population Density4,365786
Male9,2553,127,134147,432,321
Female10,2343,317,797151,655,844
Never Married3,4091,612,88563,775,926
Married9,2702,586,314123,120,365
Separated489247,85712,639,686
Widowed1,120363,59415,467,586
Divorced1,429436,88823,075,029
Number Of House Hold8,2012,431,591111,826,380
Average House Hold Size2.362.562.60
Medial Age43.0137.2535.46
Median House Hold Income$83,956$57,698$48,276
Average House Hold Income$122,682$75,023$63,629
P C I$52,397$29,196$24,529
M D I$67,188$48,105$41,133
A T H E$81,810$57,083$50,898
S T R5.00%5.00%
W C J83.12%81.38%77.74%
(Zip) Code
1945

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 5/1/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.