218 Newburyport Turnpike, Peabody MA
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Free-Standing Building, Retail-Pad
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||Cash to Seller
Overview / Comments
218 Newbury Street in Peabody is located on Route 1 southbound toward Boston, near the Route 114 / Lowell St interchanges. The property is accessible by two curb cuts and features 32 parking spaces on-site & 2-way marquee signage on the highway. Currently an automobile repair facility, but the current zoning lends itself to a myriad of uses. With 200 +/- feet of frontage and 23,900 vehicles per day, this parcel is prime for retail re-development.
The building is about 5,000 +/- SF in size and has a 14-15 foot interior clear height with private office space and bathrooms. There are three drive-in bays - two accessible from the front, 10x20 & 12x20 in size and one 7x7 size door accessible from the side.
The lot is 25,000 +/- SF in size, improved with a 117x43 +/- SF existing footprint. Thirty two (32) parking spaces on-site. Plenty of room around the building for a bank or restaurant drive-thru. Great visibility in a high traffic area.
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||Route 1, Southbound
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