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40 South # 200, Marblehead MA 01945

Marblehead, MA 01945 • Old Town
$1,596
Est. $461/month
0.76
Acres
1987
Year Built
13 hours 18 minutes
Time on Market
Active Listed Jun 21, 2026 • MLS# 73539333 Copied!

About this home

This second-floor space includes five rooms in a quiet, private corner location of the 40 South Street Professional Office Building. The building currently has law offices, public accountants, consulting, financial services and counseling practices. Each floor has two restrooms. There is full handicap access in this elevator building. The property has ramp access and plenty of parking in a convenient downtown location. This office is minutes away from Marblehead Harbor and within easy walking distances of Old Town restaurants, shops and banks. Property taxes, common area maintenance, water, sewer, parking are all included in the rent. Tenant is responsible for gas for HVAC heating/cooling and electricity. This listing is a sublet and the current lease will end on April 30, 2027. A new lease can be negotiated for May 1, 2027, going forward.

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Property Overview

Listing Type
Commercial Lease
Year Built
1987

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1987
Lot Size 0.76 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $3,033

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1987
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Old Town

40 South # 200, Marblehead MA 01945

Marblehead, MA 01945

Walkability

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Nearby Schools

School District
Marblehead School District local
A-
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

5 schools
Devereux - Marblehead
0.8 mi
Grades PK-12
Tower School
1.1 mi
Grades PK-08
Epstein Hillel School
1.5 mi
Grades K-08
A
Lucretia and Joseph Brown School
0.9 mi | #161 of 824 | Score: 56.6
Dropped 60 spots from last year
-1.6 below state avg
445 students Moderate
Grades PK-03
A+
Glover School
1.5 mi | #63 of 824 | Score: 61.5
Improved 47 spots from last year
+3.3 above state avg
318 students Moderate
Rising School Strong Attendance
Grades PK-03
M

Middle Schools

3 schools
B+
Marblehead Community Charter Public School
0.5 mi | #115 of 352 | Score: 48.0
Improved 94 spots from last year
-10.2 below state avg
192 students Moderate
Rising School Strong Attendance
Grades 04-08
B+
Village School
0.7 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
0.5 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

1 school
A-
Marblehead High School
1.0 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $253
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 21, 2026
$1,596
Original listing
Agent: C. Andrew Battinelli Office: C. Andrew Battinelli

Price & Status History

Date Event Price Change
Jun 21, 2026 New Listing Added $1,596

Market Statistics

Time on Market
13 hours 18 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2026 $3,033

Financial Details

Annual Property Tax
$3,033
Tax Year 2026

Listing Information

Listing Agent C. Andrew Battinelli
Listing Office C. Andrew Battinelli
Agent MLS ID C7383519
Office MLS ID NB2935
Listing Data Updated Jun 21, 2026 12:41 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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