•Location: The building enjoys high visibility from Lowell Street, US-Route 1, and US-95. This strategic location offers great exposure for businesses operating within the building.• Lot Size and Building: The nearly 12,000 square foot, assessment value, and a certified development plot plan of 19,890 sq ft, lot is improved with a 5,070 square foot 3 story building. This ample space provides opportunities for various business operations and tenants.• Access and Traffic Regulation: Vehicle entrance to the property is facilitated by a traffic light, which helps regulate traffic flow from Bourbon Street and Lowell Street. This controlled access enhances convenience and safety for tenants and customers. •Current Tenants: leased to three tenants, indicating a stable income stream for the property owner .•Parking: Ample available on-site, ensuring convenience for tenants and customers. •Zoning: is BR, offering liberal flexibility for various uses •Potential For Drive Thru The location of t

Property Details

Price:
$1,700,000
MLS #:
73203648
Status:
Active
Beds:
0
Baths:
0
Address:
532 Lowell St
Type:
Commercial
City:
Peabody
Listed Date:
Feb 19, 2024
State:
MA
Finished Sq Ft:
5,070
ZIP:
01960
Lot Size:
11,718 sqft / 0.27 acres (approx)
Year Built:
1988

Schools

Interior

Exterior

Parking Spots
30
Roof
Asphalt/ Composition Shingles

Financial

Buyer Agent Compensation
2%%
Tax Year
2024
Taxes
$14,162

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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532 Lowell St
Peabody, MA