532 Lowell St new

Peabody,MA 01960

$ 1375000

- Bed

- Bath

5070 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,070 sqft

Price per Sqft $271

MLS Listing ID 73384226

HOA Y/N false

Year Built 1988

Annual Tax Amount $14,162

Tax Year 2024

Lot Size 0.270 Acres

Acres 0.27

Property Description

•Location: Situated at 532 Lowell Street, 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 property occupies a nearly 12,000 square foot lot and features 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: The building is currently leased to three tenants, indicating a stable income stream for the property owner.•Parking: Ample parking is available on-site, ensuring convenience for tenants and customers.•Zoning: The property is zoned as BR (regional business), offering flexibility for various

Location

State MA

County Essex

Area West Peabody

Zoning BR

Direction Route 1 to Lowell St to 532

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available

Roof Type Asphalt/Composition Shingles

Total Parking Spaces 30

Others

Senior Community false

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