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
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Last Updated: November 28th, 2024 at 5:43am
General Information for 103 Foster St, Peabody, Massachusetts 01960
Property TypeCommercial Sale
Price$2,500,000
MLS #73315353
List Date2024-11-23
Special Listing Conditions
StateMassachusetts
Street NameFoster St
Unit
CityPeabody
Zip Code01960
CountyEssex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total34998
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress103 Foster St, Peabody MA 01960
Zoning
Zoning DescriptionLegal Non-Conforming
Business TypeIndustrial
Interior Features for 103 Foster St, Peabody, Massachusetts 01960
* Approx. Living Area Total34,998 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 103 Foster St, Peabody, Massachusetts 01960
* Parking Spaces50
* Year Built1900
Year Built Details
Year Built Source
Construction Materials
Approx. Street Frontage
Utilities
Disclosures for 103 Foster St, Peabody, Massachusetts 01960
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation2
TransactionBrokerCompensationType%
BuyerAgencyCompensationType%
Financial Information for 103 Foster St, Peabody, Massachusetts 01960
Association Fee$0
Association Fee Frequency
Associaton Fee Includes
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$2,500,000
Lifestyle Information for 103 Foster St, Peabody, Massachusetts 01960
Association Amenities
Frontage Type
GarageYNNo
Location information for 103 Foster St, Peabody, Massachusetts 01960
Marketing History for 103 Foster St, Peabody, Massachusetts 01960
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 103 Foster St, Peabody, Massachusetts 01960