114 RoutePeabody, MA 01960MLS Number 72978718

  • Price: $1,700,000
  • 19 Days on Market
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Federal 30-year interest rate: 5.3% last updated on May 12, 2022
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114 Route Peabody MA 01960114 Route Peabody MA 01960114 Route Peabody MA 01960
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  • 0.32Acreage
  • 1960Year Built
  • 3,883Square Feet
  • 20Parking Spaces

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Available for re-development this corner lot with frontage on Route 114. The Subject Property is about .32 Acres in size, or 13,991 +/- square feet. There is currently two (2) large curb cuts in place and a lit sign marquee facing both directions of the highway corridor. Likely use by right is a Bank and/or Financial Institution or QSR by permit. Currently on site is an existing two-unit structure and parking lot for 20+ vehicles. The Regional Business District in Peabody was designed to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allowed. Route 114 connects Routes 1 & 95 (west) to Route 128 (east) and is sometimes referred to as “The North Shore's Auto Mile” because of the number of new and used car dealerships. The Subject Property is less than a mile from the North Shore Mall. Brochure on our website includes the actual address.

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

More Info

Parking

  • Parking Spaces20
  • Parking Feature11-20 Spaces
  • Total Parking Spaces20

Building

  • Year Built1960
  • Total Units2
  • Total Bldg Sf3883
  • No Units2
  • Reu Units2
  • No Buildings1
  • No Of Restrooms2
  • No Stories2
  • Entry OnlyNo
  • Assessed Value Bldg133700

Photos

  • Photo Date2022-05-10T09:19:00
  • Number of Photos3

Basic Information

  • MLS Number72978718
  • Prop TypeCI
  • Status Date2022-05-10T09:19:00
  • Date Listed04/27/2022
  • List Price$1,700,000
  • Price Per Square Foot$438
  • LeaseYes
  • Lease Price IncludesOther (See Remarks)
  • Lease TypeOther (See Remarks)
  • DirectionRoute 114 is Andover Street
  • MLS StatusActive

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Other

  • Modification Date2022-05-14T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresA Developer will need to file a NOI with local con comm to re-develop existing as the subject property is within 50-feet of the buffer zone (brook).
  • Book10545
  • Listing AgreementExclusive Agency
  • Ref Bldg Sf3883
  • ExchangeYes
  • Page257

Location

  • StreetRoute
  • TownPeabody
  • StateMA
  • Zip01960
  • CountyEssex
  • LocationHighway Access, Corner Lot

Property

  • Acreage0.32
  • Space AvailableFor Sale/Lease
  • Square Feet3,883
  • SubletNo
  • Lot Size13991
  • Assessed Value Land419200
  • Main LoC99946

Peabody, MA Demographics

There is no data available

Peabody, MA Real Estate Market Data

There is no data available

Peabody, MA Schools

School NameDistanceTypeGrades

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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