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- LoopNet Team
32-36 Walnut St
Peabody, MA 01960
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Building Size: 18,090 SF Multi-Tenant
- GBD Zoned
- 3 Overhead Doors
- Lot Size: 9,444 SF
- Elevator
- 7% Cap Rate -Potential Upside
PROPERTY FACTS
ABOUT 32-36 WALNUT ST , PEABODY, MA 01960
Located just 2 short blocks from the revitalized downtown district of Peabody, this unique, multi-use building is the perfect investment opportunity; with a current Cap rate of 7%, and with the ability to increase, or for an owner-user business. Offering 18,090 Sq. Ft. of total building GLA and lot size of 9,444 Sq. Ft. and is currently 100% leased. Anchored by; first floor - retail convenience store and tax services office, and also includes; Industrial units and has 2nd and 3rd floor office spaces. With 12 ft. ceilings, elevator, 3 overhead doors, natural gas heat, ample onsite parking, and convenient access to Routes 95, 128 and 114, and 22.9K daily traffic count, this property offers a tremendous opportunity.
PROPERTY TAXES
| Parcel Number | PEAB-000085-000000-000026 | Improvements Assessment | $979,800 |
| Land Assessment | $299,500 | Total Assessment | $1,279,300 |
PROPERTY TAXES
