Swampscott Office Space

Prices and Other Details on Swampscott, MA Office Spaces

Swampscott is a town that is a part of Essex County in Massachusetts. It is situated near Boston, which is only 15 miles away. This area was once a popular resort as it runs along the Massachusetts Bay. However, these days, it has become an affluent community for the residents.

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One of the wealthy villages in this place is Beach Bluff that represents a quiet area with a local quality to it. There are also lovely beaches in this town, along with other neighborhoods, such as Clifton. This town has more than 50% of its total area that is made up of water. It is right beside the Atlantic Ocean and Massachusetts Bay.

The community has several small parks, a country club, some ponds, and beaches. The town center is easily recognized because of its Monument Square, which is just four miles from the town of Salem. The area is bordered by other places, including Marblehead, New Hampshire, and Lynn.

This town has a great location and also has decent prices when it comes to its real estate properties for sale. The market is more welcoming to the sellers, rather than the buyers. However, if you are looking for an office space in this town, you can still benefit from the current condition of the housing market.

Leasing a Property

For startups, they mostly believe that they can benefit from leasing for the meantime. It can be true, especially if the budget is not enough for purchasing a unit. Currently, the prices in this town have gone up to almost nine percent compared to last year. It is indeed a huge difference, and the prices may even increase by more than 4.5% next year.

This town has many listings at the moment but the median price per square foot is over $310, which is more than the average of Boston Metro. If you believe this is the place that is right for your business, you will find a few properties that are up for lease.

Neighborhoods to look at are Paradise Road where lease rates begin at $2 per square foot per month. A property designed for offices in this area can cost around $29 per square foot per year, which is the standard rate for a class C building. However, it is important to remember that some of the properties here can be quite expensive, especially if they come with additional amenities and extra services.

This neighborhood, along with the nearby ones, offers a great location, especially for businesses that accept clients on a daily basis. Meanwhile, you will mostly find contemporary style buildings that have an atrium lobby and some windows that exposure the landscaped grounds. The suites are typically designed for a medical workplace, but some professional structures are flexible in accommodating different industries, including legal and retail.

Buying a Unit

There are quite a few benefits if you choose to buy over renting a property in this town. For some professionals, it is much better for them to purchase, which will make them the owners of the building. It helps if you have plans of expanding or renovating the area.

In Burrill Street in this town, some structures cost at least $600K for a B class building. These properties are suitable for any business, even those that require high ceilings, such as a warehouse. Most of the sellers are the actual owners of the building, which can be useful for you if you want to talk and negotiate with the owner yourself.

Buildings in this neighborhood, as well as the other parts of the town, commonly have garage areas that have at least 1,000 square feet for the unit. You will also find restrooms, conference rooms, and other features such as a kitchenette.

Since there are quite a few properties for sale and even for lease, you should choose the one that meets your requirements, particularly location-wise. A good example is a unit adjacent to the MBTA commuter rail station of the town, which can provide easy access to several North Shore communities.

Why List Your Property

Swampscott has some spaces for rent and sale. Therefore, if you have a property and you are looking for a tenant or a buyer, you may find it difficult to reach out to one. We can help you find the right occupant of your property when you list with us.

It is an easy process that will lead you to locate the occupant searching for a unit in this town. Whether you want another firm to occupy the structure or you will sell the building entirely, we can provide you with the assistance you need as you list the property on this website.

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