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114 Route

Peabody, MA 01960
  • $1,700,000
  • STATUS: Active
  • MLS #: 72978718
UPDATED: 64 min ago
$1,700,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,883
    SQFT
  • $438
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1960
County:
Area:

School Ratings & Info

Listing courtesy of Brian Dapice of The Mega Group.

Description

Available for re-development this corner lot with frontage on Route 114. The Subject Property is about .32 Acres in size, or 13,991 +/- square feet. There is currently two (2) large curb cuts in place and a lit sign marquee facing both directions of the highway corridor. Likely use by right is a Bank and/or Financial Institution or QSR by permit. Currently on site is an existing two-unit structure and parking lot for 20+ vehicles. The Regional Business District in Peabody was designed to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allowed. Route 114 connects Routes 1 & 95 (west) to Route 128 (east) and is sometimes referred to as "The North Shores Auto Mile because of the number of new and used car dealerships. The Subject Property is less than a mile from the North Shore Mall. Brochure on our website includes the actual address.

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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 2022-07-05T23:08:54.573.
www.bkaye.com/homes/128533379
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114 Route Peabody, MA 01960

  • Price: $1,700,000
  • Status: Active
  • On Site: Days
  • Updated: 64 min ago
  • MLS #: 72978718
0
Beds
0
Baths
0
½ Baths
0.32
Acres
3,883
SQFT
$438
$/SQFT
1960
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
Available for re-development this corner lot with frontage on Route 114. The Subject Property is about .32 Acres in size, or 13,991 +/- square feet. There is currently two (2) large curb cuts in place and a lit sign marquee facing both directions of the highway corridor. Likely use by right is a Bank and/or Financial Institution or QSR by permit. Currently on site is an existing two-unit structure and parking lot for 20+ vehicles. The Regional Business District in Peabody was designed to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allowed. Route 114 connects Routes 1 & 95 (west) to Route 128 (east) and is sometimes referred to as "The North Shores Auto Mile because of the number of new and used car dealerships. The Subject Property is less than a mile from the North Shore Mall. Brochure on our website includes the actual address.
Exterior Features

Location Highway AccessCorner Lot Parking Features 11-20 Spaces Parking Spaces 20 Stories 2

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 3883.00 Restrooms 2 Rsf Building Sq Ft 0.00 Total Building Sq Ft 3883.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 133700.00 Assessed Value Land 419200.00 Assessed Value Total 552900.00 Commercial Industrial Type Commercial Disclosure No Disclosures A Developer Will Need To File A Noi With Local Con Comm To Re-Develop Existing As The Subject Property is Within 50-Feet Of The Buffer Zone (Brook). Exchange Yes Lease Yes Lease Price Includes Other (See Remarks) Lease Type Other (See Remarks) Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 2 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale/Lease Sublet No Tax Year 2022 Taxes 11688.00 Total Units 2 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Br

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Brian Dapice of The Mega Group.


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 2022-07-05T23:08:54.573.
 
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BKaye Realty
1260 Sumner Ave
Springfield MA, 01118
Listing courtesy of Brian Dapice of The Mega Group.