Retail/ Auto Sales or Redevelopment Property on Route 1, Peabody

180 Newbury St, Peabody, MA

$900,000

Price

2,140 sqft

Building Size

0.31 acres

Lot Area

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Street
Map
Overview
Building Size
2,140 sqft
Lot Area
0.31 acres
Year Built
1950
Zoning
BR1
Floors
2
Parking Spots
40
Description

Faulkner Commercial Group is pleased to present for sale this property on Newbury Street (US Route 1) in Peabody. Route 1 is a primary route from the north into Boston, with 38,715 MPSI traffic count according to the MA Department of Transportation. This mixed-use property has historically been used for residential and auto sales, (40 used car license), but the .31 acre corner lot offers many possibilities for redevelopment.

The property is in the BR1 zone, which allows a multitude of uses by right or exception. All information was obtained from the seller and public information deemed to be reliable, prospective buyers are encouraged to perform due diligence as to material facts and allowed uses.

Situated on US Route 1

Prime High Traffic Location38,715 MPSI Traffic Count40 Vehicle Used Sales License

Documents
Location
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