MLS® ID: 72500572

218 Newbury Street

Peabody, Massachusetts, 01960

$2,200,000 Active
  • 5000 SQFT
218 Newbury Street in Peabody is located on Route 1 southbound toward Boston, near the Route 114 / Lowell St interchanges. The property is accessible by two curb cuts and features 32 parking spaces on-site & 2-way marquee signage on the highway. Currently an automobile repair facility, but the current zoning lends itself to a myriad of uses. With 200 +/- feet of frontage and 23,900 vehicles per day, this parcel is prime for retail re-development. The building is about 5,000 +/- SF in size and has a 14-15 foot interior clear height with private office space and bathrooms. There are three drive-in bays - two accessible from the front, 10x20 & 12x20 in size and one 7x7 size door accessible from the side. The lot is 25,000 +/- SF in size, improved with a 117x43 +/- SF existing footprint. Thirty two (32) parking spaces on-site. Plenty of room around the building for a bank or restaurant drive-thru. Great visibility in a high traffic area.
Read More

Listing courtesy of The Mega Group

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    01960
  • Office name
    The Mega Group
  • SQFT
    5000
  • Bedrooms
    0
  • Property type
    Commercial/Industrial
  • Zoning type
    BR1
  • Year built
    1963
  • Tax year
    2019
  • Agent name
    Jennifer DApice
  • Tax amount
    $ 17189.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    4000-5000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    3587

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info