532 Lowell St Active

Peabody,MA 01960

$ 1700000

- Bed

- Bath

5070 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,070 sqft

Price per Sqft $335

MLS Listing ID 73203648

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: 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

Location

State MA

County Essex

Zoning BR

Direction Route 1 to Lowell St to 532

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available

Waterfront false

Roof Type Asphalt/Composition Shingles

Total Parking Spaces 30

Others

Senior Community false

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