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58 + 58R Walnut StreetPeabody, MA 01960Price: $858,600

  • Price: $858,600
  • 195 Days on Market
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Federal 30-year interest rate: 3.13% last updated on Apr 8, 2021
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  • $858,600List Price
  • 0.17Acreage

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Listed by Jeremy Cyrier of Mansard Commerical Properties
Rare opportunity to own two strategically combined parcels, 58 + 58R Walnut Street in Peabody, MA. 58 Walnut is improved by a 3,768 SF flex building and 58R Walnut provides a securely fenced-in outdoor storage yard, suitable for construction equipment, pods trucks, and more. The current owner strategically purchased both parcels to create the perfect business location in Peabody with direct access to all major highways. The building features 2 overhead doors, 2 dock high doors, 14' ceilings, a security system and more. The property is currently home to 2 tenants, a well-known granite company, whose lease expires in 18 months, and a construction company renting outdoor storage on a month to month basis. The current owner has recently renovated the building with a new roof, a new heating system, and 2 new overhead garage doors. This opportunity is suitable for investors looking for upside or owners looking to occupy some space now or in the future while collecting rent.

Property Details of 58 + 58R Walnut Street

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