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$1,375,000
Est. payment /mo
5,070 SqFt
UPDATED:
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
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: 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
Direction Route 1 to Lowell St to 532
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 30
Others
Senior Community false
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Listed by Pasciuto and Associates
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