218 Newbury Street

    Peabody, MA 01960
    • $2,200,000
    • STATUS: Active
    • MLS #: 72500572
    $2,200,000
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $440
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Jennifer Dapice of The Mega Group.

    Description

    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.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-08-24T23:47:26.973.
    www.refinderma.com/homes/94802347

    218 Newbury Street Peabody, MA 01960

    • Price: $2,200,000
    • Status: Active
    • MLS #: 72500572
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    5,000
    SQFT
    $440
    $/SQFT
    1963
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    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.
    Exterior Features

    Construction Stone/Concrete Location Highway Access Parking Features 21+ SpacesOn Site Parking Spaces 32 Roof Material Other (See Remarks) Stories 1 Underground Tank Unknown

    Interior Features

    Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 5000.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 5000.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 262400.00 Assessed Value Land 463200.00 Assessed Value Total 725600.00 Commercial Industrial Type Commercial Disclosure No Dividable No Easements Yes Exchange No Expandable No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E Yes Plat Plan No Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Subdividable No Sublet No Survey No Tax Year 2019 Taxes 17189.00 Total Units 1 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Br1

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Jennifer Dapice of The Mega Group.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-08-24T23:47:26.973.
     
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    Listing courtesy of Jennifer Dapice of The Mega Group.