15 Newbury StPeabody, MA 01960

  • Turn key restaurants
  • 9,655 SF

Property Details for 15 Newbury St

Year built
1974
Construction
FRAME
Lot size
1.59 AC
Property size (Sq ft)
9,655 SF
Zone code
BR1
Property type
Turn key restaurants
APN
PEAB M:0088 B:0006
APU
PEABM0088B0006

Description

This exceptional 7,755-square-foot retail space, located at 15 Newbury Street in Peabody, Massachusetts, presents a unique opportunity for a single-tenant business. Situated on a generous 1.6-acre lot, the property boasts ample parking with 94 spaces, ensuring convenient access for customers and employees. The building is zoned BR-1, offering flexibility for a variety of retail or restaurant uses. The entire space is currently vacant, providing a blank canvas for a new tenant to customize to their specific needs. The property's prominent location on Newbury Street in Essex County offers excellent visibility and accessibility, making it an ideal location to establish or expand a business. With its substantial size, ample parking, and prime location, this property is poised to attract significant foot traffic and contribute to the success of any retail or restaurant operation. The address is 15 Newbury Street, Peabody, MA 01960. The property's convenient location and substantial size make it an attractive option for businesses seeking a high-profile presence in a thriving community. The entire 7,755 square feet is available for lease. This is a single-tenant property.

Location Insight

City
Peabody
County
Essex
State
Massachusetts
Latitude
42.5212
Longitude
-70.997
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$40,660
$1,274,700
$884,600
$2,159,300
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FAQs

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