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    1 Unknown

    Peabody, MA 01960
    • $5,900,000
    • STATUS: Active
    • MLS #: 72757767
    $5,900,000
    • 0
      BEDS
    • 1.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 43,608
      SQFT
    • $135
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1884
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Timothy Barry of Barry Realty Group, Llc.

    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

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    The property listing data and information 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 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 set forth herein. Data last updated 2020-11-27T00:06:22.547.
    www.centralmahomesnow.com/homes/111918928
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    1 Unknown Peabody, MA 01960

    • Price: $5,900,000
    • Status: Active
    • MLS #: 72757767
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.82
    Acres
    43,608
    SQFT
    $135
    $/SQFT
    1884
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    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
    Exterior Features

    Parking Spaces 80 Stories 2

    Interior Features

    Maf Building Sq Ft 43608.00 Ref Building Sq Ft 43608.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 43608.00 Waf Building Sq Ft 43608.00

    Property Features

    Assessed Value Building 0.00 Assessed Value Land 0.00 Assessed Value Total 0.00 Commercial Industrial Type Commercial Condo Association No Disclosure Yes Disclosures Leases Are Nnn. Exchange No Gross Annual Expense 179938.00 Gross Annual Income 497000.00 Lease No Lease Price Includes Building Lender Owned No Mau Units 1 Net Operating Income 318052.00 Ofu Units 1 On File21 E Yes Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2019 Taxes 49782.00 Total Units 1 Wau Units 1 Year Built Source Pr Zone Description Legal Conforming Zoning Gb

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Timothy Barry of Barry Realty Group, Llc.


    The property listing data and information 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 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 set forth herein. Data last updated 2020-11-27T00:06:22.547.
     
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    The Duffy Home Selling Team | 1 Worcester Homes
    67 Barber Ave
    Worcester MA, 01606
    Listing courtesy of Timothy Barry of Barry Realty Group, Llc.