MLS® ID: 72559066
Peabody, Massachusetts, 01960 $1,895,000
Located just 2 short blocks from the revitalized downtown district of Peabody, this unique, multi-use building is the perfect investment opportunity; with a current Cap rate of 7%, and with the ability to increase, or for an owner-user business. Offering 18,090 Sq. Ft. of total building GLA and lot size of 9,444 Sq. Ft. and is currently 100% leased. Anchored by; first floor - retail convenience store and tax services office, and also includes; Industrial units and has 2nd and 3rd floor office spaces. With 12 ft. ceilings, elevator, 3 overhead doors, natural gas heat, ample onsite parking, and convenient access to Routes 95, 128 and 114, and 22.9K daily traffic count, this property offers a tremendous opportunity.