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Off Market
1/24

26 Howley St
Peabody, MA 01960


HIGHLIGHTS

  • Accessible to and from Rt. 128.
  • Abundant natural light on 2nd & 3rd floors. Exposed brick walls.
  • Multi-use building offering Commercial, Light Fabrication, Office, and Retail space.
  • Approximately five minute drive to commuter rail.
  • On-site fenced in parking lot.
  • OPPORTUNITY ZONE

OVERVIEW

Opportunity to acquire a three story 45,000+/- sq. ft. (plus basement) multi-use building, situated on a 1.07 acre parcel of GBD zoned land, approximately 2 miles inside Rt.128. Leasing from 5,000 sq. ft. of office space on the third floor is also an option. The brick and wood frame structure, having two smaller concrete block sections, offers light fabrication, retail, and office space. The property features one loading dock, a garage w/ an 10' door. a passenger elevator, sprinkler system, and on-site parking for 40+ vehicles. The building is heated by gas (forced hot air) and the 2nd and 3rd floor offices also have central A/C. There are separate meters for gas and electricity. Handicap accessible. Newer passenger elevator. Brick and beam interior finishes. The planned Riverwalk extension runs directly behind the building. Potential for owner/user, redevelopment, or repositioning. Suitable for hi-tech, retail, school, light fabrication, printing, medical facility, housing, etc. This is in an OPPORTUNITY ZONE.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

UTILITIES

Gas, Water, Sewer, Heating

CLEAR CEILING HT

10 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

47

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

PEAB-000086-000000-000136