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

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