532 Lowell St Active

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

Year Built 1988

Annual Tax Amount $14,162

Tax Year 2024

Lot Size 0.270 Acres

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

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available

Roof Type Asphalt/Composition Shingles

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