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Dynamic retail/restaurant site right on Rte 1 southbound in Peabody and Danvers. Join big box retailers like Costco, and Home Depot, and restaurants like TGI Fridays and Chili's as neighboring sites.There is an ease of access getting to and from this site from both sides of the highway. With a unique combination of major highway access, close proximity to Boston and Logan Airport, it makes for a great site for your business. The site offers an existing 1350 sq ft building with wonderful visibility and huge signage. There are 28 off street parking spots. Site is serviced by City of Peabody sewer and water. Gas is also available to site. Propane is used on site currently. The addresses included in the parcel are 288 Newbury St. Peabody and 2 Newbury St. Danvers. The site is for lease at $3690/ month including Real Estate taxes or will sell outright for $750,000. Bring your business here.

More Info

Basic Information

  • Mls StatusRented
  • Parcel Number 2097816

Building

  • Building Area Units Square Feet
  • Year Built1950

Property

  • Acreage0.42

Property Information

  • Living Area 1,350
  • Lot Size Square Feet 18,305
  • Lot Size Units Acres
  • Square Feet1,350

Tax Information

  • Tax Year 2015
  • Taxes$11,395

Location

  • Address288 Newbury Street
  • Building Number288
  • CountyEssex
  • StateMA
  • StreetNewbury Street
  • TownPeabody
  • Zip01960

Other

  • Buyer Agency Compensation40%
  • Date Listed05/04/2015
  • Farm Land Area Units Square Feet
  • View Count47

Parking

  • Parking Spaces28

Basic Information

  • List Price$3,690
  • MLS Number71829379
  • Modification Date08/04/2022
  • Purchase Contract Date11/18/2015
  • Sale Date06/01/2016
  • Sale Price$3,600

Map Location

Listed by Timothy M. Barry of Barry Realty Group

Listing Sold by Barry Realty Group

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