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12 Atlantic Avenue

Freudenheim Partners Arranges Sale Of 12 Atlantic Avenue Retail Property In Marblehead For $1.495M
SOLDRetail

Freudenheim Partners Arranges Sale Of 12 Atlantic Avenue Retail Property In Marblehead For $1.495M

12 Atlantic Avenue

$1,495,000

$433/SF

Building Size

3,450 SF

Asset Type

Retail

Closing

Sep 10, 2025

AI

12 Atlantic Avenue is a fully leased retail/office property located in Marblehead, MA, with a total square footage of 3,450. The property was sold for $1,495,000, representing a price per square foot of $433.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,495,000
  • Address: 12 Atlantic Avenue
  • Market: Marblehead, MA
  • Square Footage: 3,450
  • Price per Square Foot: $433

Freudenheim Partners facilitated the transaction, with Anthony Biette representing the seller in the sale of the property located at 12 Atlantic Ave.

Players

Anthony Biette

Freudenheim Partners

Broker

$27.9M

vol

4 deals

Broker
Freudenheim Partners
Freudenheim PartnersBrokerage

Marblehead Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.61%

Cash-on-Cash

-3.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93