Sold

218 Newbury St

Peabody MA, 01960

$1,800,000


$310.18 per sqft

Sold

2 Baths

5,803 sqft

Commercial

Built in 1963

Prime commercial property located on Route 1 with enormous daily traffic count. Fantastic opportunity Lot size.58 acres and building size: 5803 Sq ft plus extra storage space. Property includes a complete full service Auto Service Business with long time roots in community with numerous fleet and long time consumer business base. Guardian franchise and AAA approved service location. All contents, lifts, inventory tool included in sale. Including three fully functioning trucks with plows/tow ability. Long time employees willing to remain and owners are willing to stay and train/transition for new owners. Fantastic opportunity to expand existing Brand or Franchise, or start new as the boss and own your own business. Sales are very strong and still stable. Ownership is flexible as the property is for sale or long term lease is available from owner. See our Virtual Tour https://my.matterport.com/show/?m=BAAatQvLk4C&mls=1

72906077

MLS ID

October 8, 2021

Listed

March 25, 2024

Updated

Map

218 Newbury St
Peabody MA, 01960

Interior Features

Total Bathrooms

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.58 Acres


Roof

Reflective Roofing-ENERGY STAR

Other Property Details

Taxes

$16,609


Tax Frequency

Annually


Garage

No


Parking Total

40


View

No


County

Essex


Pool

No


Zoning

BR1


Buyer Agency Compensation

2%

 

Courtesy of Peter Castrichini, Barry Realty Group

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Data last updated 6:54 PM UTC, 3/25/2024

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