218 Newbury StreetPeabody, MA 01960MLS Number 72500572

  • Price: $2,200,000
  • 66 Days on Market
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Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.58Acreage
  • 1963Year Built
  • 5,000Square Feet
  • 32Parking Spaces

Driving Directions

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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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces32
  • Parking Feature21+ Spaces, On Site

Building

  • Year Built1963
  • ConstructionStone/Concrete
  • Total Units1
  • Total Bldg Sf5000
  • Reu Units1
  • No Buildings1
  • No Stories1
  • Sub DividableNo
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg262400
  • DividableNo
  • Undrgrnd TankUnknown

Other

  • Modification Date2019-05-19T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • EasementsYes
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book16819
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf5000
  • Plat PlanNo
  • ExchangeNo
  • Page80
  • View Count10

Basic Information

  • StatusACT
  • MLS Number72500572
  • Prop TypeCI
  • Status Date2019-05-15T13:51:00
  • Date Listed05/15/2019
  • List Price$2,200,000
  • Price Per Square Foot$440
  • LeaseNo
  • DirectionNewbury Street is Route 1

Exterior

  • Roof MaterialOther (See Remarks)

Utilities

  • UtilitiesPublic Water, Public Sewer

Location

  • StreetNewbury Street
  • TownPeabody
  • StateMA
  • Zip01960
  • Zip Code 42406
  • CountyEssex
  • LocationHighway Access

Property

  • Acreage0.58
  • Space AvailableFor Sale
  • Square Feet5,000
  • SubletNo
  • Lot Size25047
  • Assessed Value Land463200
  • Main LoC99946

Photos

  • Photo Date2019-05-15T13:51:00
  • Number of Photos12

Peabody, MA Demographics

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Peabody, MA Real Estate Market Data

There is no data available

Peabody, MA Schools

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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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