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26 Howley StreetPeabody, MA 01960Price: $3,000,000

  • Price: $3,000,000
  • 549 Days on Market
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Federal 30-year interest rate: 3.13% last updated on Apr 8, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,000,000List Price
  • 0.89Acreage
  • 45,188Square Feet

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Listed by David Hark and Mark Shapiro of The Drumlin Group Inc.
Opportunity to acquire or lease (min. 5,000+ sq. ft sections) a three story 45,000+/- sq. ft. (plus basement and support area on 1st floor)) multi-use building, situated on 1.07 acres of GBD zoned land, approximately 2 miles inside Rt.128. Office rent $10.00/sf gross, light fabrication/retail $9.00 + util. The brick and wood frame structure, having two smaller concrete block sections, offers light manufacturing, retail, and office space. The property features one loading dock, a garage w/ an 8' door. a passenger elevator, sprinkler system, and on-site parking for 40+ vehicles. The building is heated by gas (hot air) and the 2nd and 3rd floor offices also have central A/C. There are separate meters for gas and electricity. Newer passenger elevator. Brick and beam interior finishes. Current occupants are TAW. Potential for owner/user, redevelopment, or repositioning. Suitable/potential for hi-tech, school, light fabrication, medical facility, housing, etc. This is an OPPORTUNITY ZONE.

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