103 Foster St - Industrial FOR SALE


Peabody, MA 01960
$2,500,000 USD
617-633-6719
103 Foster St, Peabody, MA for Sale
$2,500,000 USD
Industrial - FOR SALE
1/15
null | Request Cap Rate

103 Foster St
Peabody, MA 01960


OVERVIEW

This is a large industrial complex located in downtown Peabody within relatively close vicinity to Route 128. The nearly 2 acre site is level and currently used for parking and outdoor storage. There is first floor space of 24,832 s.f. and second level space of 10,166 s.f. The original two story building is an attractive brick structure. The second level is currently used for offices, lunch room and manufacturing. There is a drive in loading door at the rear of the property and also within the attached out buildings. This complex boasts heavy power. Within the past few years there has been a substantial investment in roofing, gutters and some paving. This property has been continuously used since the beginning of the 20th century. The building has a wet sprinkler system. This is an excellent opportunity for a large manufacturer or to subdivide the buildings for multi-tenant industrial or flex occupancy. Alternatively, the property would be an attractive downtown housing site as it is walking distance to all downtown Peabody amenities and close to Route 128 and the North Shore Mall.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84

LAND SF

80,150

ZONING

GB

APN/PARCEL ID

095-001A

ASK ABOUT THIS PROPERTY

David HarkDrumlin Group IncMore Info
617-633-6719

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David HarkDrumlin Group IncMore Info
617-633-6719

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.