617-457-3383
90 Newbury St, Peabody, MA for Sale
Freestanding - FOR SALE
1/5
null | Request Cap Rate

90 Newbury St
Peabody, MA 01960
West Peabody


HIGHLIGHTS

  • Value-add opportunity through lease up, redevelopment and/or repositioning
  • Exceptional visibility with strong traffic counts
  • Strategically located on Route 1 (Newbury Street), in close proximity to Interstate 95 and Route 128
  • Expansive amenities base with several nearby restaurants, retail, service, and lifestyle options

OVERVIEW

Hunneman has been exclusively retained to offer for sale 90-92 Newbury Street (“Property”) located in Peabody, Massachusetts. Situated on the heavily traveled southbound side of Route 1 (Newbury Street), the property is improved with a ±15,000 SF mixed-use building on ±0.53 acres. Offering both excellent visibility and convenient commuter access, 90-92 Newbury has the benefits of a desirable suburban community with the convenience of being in close proximity to Interstates 95 and 93. Drawing on the area’s desirable combination of excellent traffic flows, discretionary income and short travel times to nearby offerings, 90-92 Newbury Street stands out as a prime opportunity for an owner-user, repositioning, or redevelopment.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

90-92 Newbury Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

BR1

APN/PARCEL ID

PEAB-000068-000000-000008

ASK ABOUT THIS PROPERTY

Henry LieberHunnemanMore Info
617-457-3383

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Henry LieberHunnemanMore Info
617-457-3383

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