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Peabody,MA 01960
Key Details
Property Type Commercial/Industrial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 43,608 sqft
Price per Sqft $135
MLS Listing ID 72757767
Year Built 1884
Annual Tax Amount $49,782
Tax Year 2019
Lot Size 1.820 Acres
Property Sub-Type Commercial
Property Description
The best investment property in Peabody. Two buildings. Multi tenanted with retail, office, flex, industrial and manufacturing. Sits on 1.82 acres of GB zoned land. Gross leasable space is 43,068 sq ft. Both buildings are two stories, with 80 parking spaces. The most spaces in all of the city for this type of investment property. There are 10 tenants in the buildings of various sizes. There is very little accrued maintenance on these buildings. The Landlord is super fussy about maintenance. A lot of interior brick with huge wood beams showing, fully sandblasted. Most exterior surface is red brick also. There are 6 overhead doors, elevators in each building, 110/208 volts-single plus 3 phase, and fully sprinklered. City water and sewer provided. All other utilities to each building including natural gas , electricity, telephone and cable. Easy to get to from either Route 1, Lowell St, Route 128, Route 95, and Rte114. Semi tractor trailers have ease of entry and exit. Great investment
Location
State MA
County Essex
Zoning GB
Building
Story 2