222 Newbury Street Peabody, MA 01960

Rare opportunity to own a quality, well designed steel building constructed in 2003 with 20 plus foot ceiling height. PRIME Route 1 frontage AND on Lowell Street as well, accessible from both. Outstanding visibility and accessibility on a very busy section of Route 1 Southbound. BR1 zoning allows many, many uses including shop/office for Contractors. Current use is Automotive Repair and used car sales. Has 4 overhead doors 14' high as well as several man doors that could allow separate access if desired. Clean 21E. Has waste oil furnace, 3 Modine heaters in bays and 2 zones HVAC in offices. Property equipped with 2 car lifts, alarm system, compressor, metal roof, 2 half baths plus a full shower bathroom on second floor 720 Sq Ft office mezzanine. As opposed to selling outright, owner might consider extended NNN lease for $12,000/MO. 25 car used car sales license negotiable.