For Lease
$25/SF/YR

130 Newbury St Peabody, MA 01960

Peabody, MA retail/office opportunity

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional commercial property, "The Shops on Newbury Street," located at 130 Newbury Street in Peabody, Massachusetts (zip code 01960), presents a unique investment opportunity. The two-story, Class B building offers 20,000 square feet of versatile space, ideal for retail, office, or restaurant uses. Currently, 5,768 square feet are available for lease, divisible into units as small as 1,442 square feet. Each unit boasts a 14-foot ceiling height, providing ample space and flexibility. The property features 120 parking spaces and is conveniently located with excellent visibility on Newbury Street (Route 1). The building includes seven total suites and benefits from a shared entrance with a new, large residential development, adding significant foot traffic potential. The property's zoning is commercial, and it's served by 200 amp, 3-phase power. Elevators are available for convenient access to both floors. Basement storage space is also available. This prime location in the Northshore submarket of Boston offers unparalleled access to a thriving community. The property is situated near the intersection of Newbury Street and Winona Street.

Highlights

  • 130 Newbury Street, Peabody, MA 01960: Two-story, 20,000 SF Class B commercial building.
  • 5,768 SF currently available for lease, divisible to 1,442 SF units.
  • 14-foot ceilings, 120 parking spaces, excellent visibility on Route 1.
  • Seven suites, shared entrance with new residential development, commercial zoning, 200 amp 3-phase power.
  • Elevators and basement storage available.

Property Details for 130 Newbury St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
20,000 SF
Class
B
Buildings
1
Stories
2

Unit(s) available at that property

Space
First Floor Space 3
Size
1,442 SF
Rate per SF
$25
Space
First Floor Space 1
Size
1,442 SF
Rate per SF
$25
Space
First Floor Space 2
Size
1,442 SF
Rate per SF
$25
Space
First Floor Space 4
Size
1,442 SF
Rate per SF
$25

Location Insight

City
Peabody
County
Essex
State
Massachusetts
Latitude
42.5357317
Longitude
-70.9901116
130 Newbury St, Peabody, Massachusetts

FAQs

What type of property is this?
Retail property - Peabody, MA retail/office opportunity
Where is the retail property located?
The property is located at 130 Newbury St Peabody, MA.
What is the lease rate?
The lease rate is $25/SF/YR.
What are key features of this property?
This property features: 130 Newbury Street, Peabody, MA 01960: Two-story, 20,000 SF Class B commercial building.; 5,768 SF currently available for lease, divisible to 1,442 SF units.; 14-foot ceilings, 120 parking spaces, excellent visibility on Route 1.
How can I contact the broker?
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130 Newbury St
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