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Off Market
1/9

128 Newbury St
Peabody, MA 01960


HIGHLIGHTS

  • New 24,000 SF industrial building
  • Sixteen 1,500 SF flexible bays
  • 14’ x 14’ drive-in doors per unit
  • Easy access to Route 1 & I-95
  • Completion expected Spring 2026

OVERVIEW

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 March / April 2026. In addition, a second industrial building totaling approximately 15,000 SF is planned for delivery in Early 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. A rare opportunity to secure new-construction, flexible industrial space in a prime Peabody location.

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

STATUS

Under Construction

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

UTILITIES

-

CLEAR CEILING HT

25 Ft

DOCKS

-

DRIVE INS

16

PARKING SPACES

32

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

PEAB M:0057 B:0074-T