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This 24,000 SF commercial building is currently being divided into sixteen (16) 1,500 SF bays, ideal for contractors, gyms, trades, and light industrial users. Each unit features a 14' x 14' overhead drive-in door, providing excellent access for vehicles, equipment, and materials. Each bay includes two dedicated parking spaces, with additional on-site visitor parking available. Ownership is open to combining multiple units for tenants requiring larger contiguous space, offering flexibility to accommodate a wide range of operational needs. The 24,000 SF building is expected to be completed by May/ June 2026. In addition, a second industrial building totaling approximately 15,000 SF is planned for delivery in Late Summer 2026, providing future expansion opportunities within the same site. The property is strategically located directly off Route 1 southbound, offering excellent accessibility to Route 128, I-95, and the greater North Shore market.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 5260184

Tax Information

  • Tax Year 2026

Basic Information

  • List Price$3,500
  • MLS Number73487650
  • Modification Date03/21/2026

Location

  • Address128 Newbury Street
  • Building Number128
  • CountyEssex
  • StateMA
  • StreetNewbury Street
  • TownPeabody
  • Zip01960

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built2026

Property Information

  • Living Area 39,000
  • Lot Size Square Feet 4.39
  • Lot Size Units Acres
  • Square Feet39,000

Legal

  • ZoningB
  • Zoning Description Legal Conforming

Other

  • Date Listed03/17/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Brian Reardon of Five Mark Realty Group LLC

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