$2,500,000

Est. Mortgage $12,477/mo *

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103 Foster St, Peabody, MA, 01960

103 Foster St, Peabody, MA, 01960
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1900

34,998 sqft

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

Status:

Active

Type:

Commercial

Zoning:

GB

Parking:

50-car

Acreage:

1.84

Est. Taxes:

$24,471

MLS #:

73315353

Facilitator Compensation:

2%

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Listing courtesy of David Hark, The Drumlin Group Inc.