12 Atlantic Ave

3,450 SF 100% Leased Retail Building Marblehead, MA 01945 $1,495,000 ($433/SF)

INVESTMENT HIGHLIGHTS

  • Fully leased retail/office space in a thriving, affluent coastal community.
  • Aesthetic build-out with lots of natural lighting and vibrant colors.
  • Located in a high visibility area surrounded by established retailers, leading to heavy foot traffic.
  • Features 13 dedicated on-site parking spaces and additional street parking, making it a rare and highly desirable asset in the area.

EXECUTIVE SUMMARY

Freudenheim Partners is pleased to offer 12 Atlantic Avenue, a premier 3,450 SF retail/office investment opportunity located in the heart of Marblehead’s vibrant downtown district. The property is fully leased to two established tenants: Eat Well Kitchen, a health-focused eatery offering organic juices and wholesome menu options and btone Fitness, a boutique gym specializing in Pilates-inspired strength training.
The building features 13 dedicated on-site parking spaces and additional street parking, making it a rare and highly desirable asset in the area.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,450 SF
Building Class
C
Year Built
1993
Price
$1,495,000
Price Per SF
$433
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.10 AC
Zoning
B1 - Business
Parking
13 Spaces (3.77 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • btone Fitness
  • Retailer
  • 99,999 SF
  • -
  • -
  • Retailer
  • 99,999 SF
  • -
  • -

At Eat Well Kitchen, they share their love of healthy food. It doesn't take a lot of ingredients to make a dish taste so good -- and be healthy. They create delicious food from fresh, local sources. They provide raw nutrient-dense fruit and vegetable juices along with vitamin packed smoothies that will make you feel good about the choices you make for yourself and your family. They know there aren't always enough hours in the day to feed yourself well. Let Eat Well Kitchen do that for you. Eat Well Kitchen is your new go-to spot for simply good food.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
btone Fitness Retailer 99,999 SF - -
Retailer 99,999 SF - -
Walk Score®
Walker's Paradise (92)

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
12,254
55,284
164,408
209,568
2029 Population
12,302
54,898
162,701
206,614
2024-2029 Projected Population Growth
0.4%
-0.7%
-1.0%
-1.4%
Median Age
50.1
42.5
40.4
39.6
College Degree + Higher
71%
58%
43%
23%
Daytime Employees
5,574
31,983
71,555
242,251
Total Businesses
863
3,690
8,956
11,377
Average Household Income
$155,424
$127,139
$111,563
$102,772
Median Household Income
$120,561
$93,309
$83,672
$76,059
Total Consumer Spending
$229.6M
$847M
$2.2B
$2.6B
2024 Households
5,438
23,308
65,843
82,032
Average Home Value
$832,419
$688,661
$612,560
$585,464

NEARBY MAJOR RETAILERS

Eastern Bank
Get In Shape For Women
Starbucks
Salem Five

PROPERTY TAXES

  • Listing ID: 34590801

  • Date on Market: 1/24/2025

  • Last Updated:

  • Address: 12 Atlantic Ave, Marblehead, MA 01945