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222 Newbury Street

Peabody, MA 01960
  • $1,990,000
  • STATUS: Under Agreement
  • MLS #: 72958445
Pending
UPDATED: 67 min ago
$1,990,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,320
    SQFT
  • $461
    $/SQFT
Neighborhood:
Other
Type:
Commercial
Built:
2003
County:
Essex
Area:
Other

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Listing courtesy of Cudmore And Associates of Re/Max On The River, Inc..

Description

Rare opportunity to own a quality, well designed steel building constructed in 2003 with 20 plus foot ceiling height. PRIME Route 1 frontage AND on Lowell Street as well, accessible from both. Outstanding visibility and accessibility on a very busy section of Route 1 Southbound. BR1 zoning allows many, many uses including shop/office for Contractors. Current use is Automotive Repair and used car sales. Has 4 overhead doors 14' high as well as several man doors that could allow separate access if desired. Clean 21E. Has waste oil furnace, 3 Modine heaters in bays and 2 zones HVAC in offices. Property equipped with 2 car lifts, alarm system, compressor, metal roof, 2 half baths plus a full shower bathroom on second floor 720 Sq Ft office mezzanine. As opposed to selling outright, owner might consider extended NNN lease for $12,000/MO. 25 car used car sales license negotiable.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-25T08:09:27.92.
www.livecharlesgate.com/homes/127140826
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222 Newbury Street Peabody, MA 01960

  • Price: $1,990,000
  • Status: Under Agreement
  • On Site: Days
  • Updated: 67 min ago
  • MLS #: 72958445
0
Beds
0
Baths
0
½ Baths
0.34
Acres
4,320
SQFT
$461
$/SQFT
2003
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
Rare opportunity to own a quality, well designed steel building constructed in 2003 with 20 plus foot ceiling height. PRIME Route 1 frontage AND on Lowell Street as well, accessible from both. Outstanding visibility and accessibility on a very busy section of Route 1 Southbound. BR1 zoning allows many, many uses including shop/office for Contractors. Current use is Automotive Repair and used car sales. Has 4 overhead doors 14' high as well as several man doors that could allow separate access if desired. Clean 21E. Has waste oil furnace, 3 Modine heaters in bays and 2 zones HVAC in offices. Property equipped with 2 car lifts, alarm system, compressor, metal roof, 2 half baths plus a full shower bathroom on second floor 720 Sq Ft office mezzanine. As opposed to selling outright, owner might consider extended NNN lease for $12,000/MO. 25 car used car sales license negotiable.
Exterior Features

Construction Stone/ConcreteMasonSteel Depth 75 Driving Doors 4 Frontage 226.00 Location Highway AccessCorner Lot Parking Features 21+ SpacesPaved Driveway Parking Spaces 31 Railroad Siding No Roof Material Metal Site Condition DryLevel Stories 2 Underground Tank Unknown

Interior Features

Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 0.00 Sprinklers No Total Building Sq Ft 4320.00 Waf Building Sq Ft 2880.00

Property Features

Assessed Value Building 382300.00 Assessed Value Land 366000.00 Assessed Value Total 748300.00 Commercial Industrial Type Commercial Condo Association No Contingency Type Financing Disclosure No Disclosures Buyers And Their Agents Must Perform Their Own Due Diligence For Facts And Suitability For Any intended Use. Easements Yes Exchange No Exclusions Used Car License Excluded. Handicap Access No Lease No Lender Owned No Mau Units 0 Mill Rate 21.14 Ofu Units 2 On File21 E Yes Reu Units 0 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Special Financing No Subdividable No Sublet No Tax Year 2021 Taxes 15819.00 Utilities Public WaterPublic SewerNatural Gas Wau Units 1 Year Built Source Pr Zone Description Legal Non-Conforming Zoning Br1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Cudmore And Associates of Re/Max On The River, Inc..


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-25T08:09:27.92.
 
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Charlesgate Realty Group
867 Boylston Street, Fl 3
Boston MA, 02116
Listing courtesy of Cudmore And Associates of Re/Max On The River, Inc..