Description
Available for re-development this corner lot with frontage on Route 114. The Subject Property is about .32 Acres in size, or 13,991 +/- square feet. There is currently two (2) large curb cuts in place and a lit sign marquee facing both directions of the highway corridor. Likely use by right is a Bank and/or Financial Institution or QSR by permit. Currently on site is an existing two-unit structure and parking lot for 20+ vehicles. The Regional Business District in Peabody was designed to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allowed. Route 114 connects Routes 1 & 95 (west) to Route 128 (east) and is sometimes referred to as "The North Shores Auto Mile because of the number of new and used car dealerships. The Subject Property is less than a mile from the North Shore Mall. Brochure on our website includes the actual address.
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0BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
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3,883SQFT
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$438$/SQFT
School Ratings & Info
Description
Available for re-development this corner lot with frontage on Route 114. The Subject Property is about .32 Acres in size, or 13,991 +/- square feet. There is currently two (2) large curb cuts in place and a lit sign marquee facing both directions of the highway corridor. Likely use by right is a Bank and/or Financial Institution or QSR by permit. Currently on site is an existing two-unit structure and parking lot for 20+ vehicles. The Regional Business District in Peabody was designed to provide space for large mixed commercial development that serves a regional market, which customers generally access by car so there is ample parking to serve the facility. Outdoor storage and use is allowed. Route 114 connects Routes 1 & 95 (west) to Route 128 (east) and is sometimes referred to as "The North Shores Auto Mile because of the number of new and used car dealerships. The Subject Property is less than a mile from the North Shore Mall. Brochure on our website includes the actual address.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-24T23:11:48.86.