Under contract
Contingent
103 Foster St
Peabody MA, 01960
$2,500,000
$71.43 per sqft
Under contract
Contingent
34,998 sqft
Commercial
Built in 1900
This is a large industrial complex located in downtown Peabody within relatively close vicinity to Route 128. The nearly 2 acre site is level and currently used for parking and outdoor storage. There is first floor space of 24,832 s.f. and second level space of 10,166 s.f. The original two story building is an attractive brick structure. The second level is currently used for offices, lunch room and manufacturing. There is a drive in loading door at the rear of the property and also within the attached out buildings. This complex boasts heavy power. Within the past few years there has been a substantial investment in roofing, gutters and some paving. This property has been continuously used since the beginning of the 20th century. The building has a wet sprinkler system. This is an excellent opportunity for a large manufacturer or to subdivide the buildings for multi-tenant industrial or flex occupancy. Alternatively, the property would be an attractive downtown housing site
73315353
MLSⓇ ID
November 23, 2024
Listed
January 3, 2025
Updated
Map
103 Foster St
Peabody MA, 01960
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.84 Acres
Other Property Details
Taxes
$24,471
Tax Frequency
Annually
Garage
No
Parking Total
50
View
No
County
Essex
Pool
No
Zoning
GB
Listing History
Date | Event | Price |
---|---|---|
1/3/2025 | Under contract | — |
Courtesy of David Hark, The Drumlin Group Inc.
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Data last updated 5:48 PM UTC, 1/3/2025