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1 Newbury St
Peabody, MA 01960

Holiday Inn & Suites Boston Peabody · Property For Lease · 111,578 SF

ABOUT THE PROPERTY

One Newbury Street is a 40,000 square foot multi-tenant brick and glass office building situated on approximately 1.7 acres with a High Visibility location on Route 128 at the junction of Route 1. Just minutes from Route 95 with easy access to Logan International Airport; One Newbury Street offers an excellent corporate identity location as well as convenience. One Newbury Street presents an upside to the savvy investor or user as it is currently under leased at below market rents. Zoned Business Highway, One Newbury Street is zoned for a variety of uses including, Office, Retail, Showroom, Restaurant, and a variety of Medical uses with Special Permit. Recent improvements to the property include common area update, masonry repairs and a newly installed 3 Phase Transformer and complete revision of the 120/208 Volt electrical system in the building. Other features include a generous parking ration of 4.5 spaces per thousand square feet and an excellent window line.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Size 111,578 SF
Year Built/Renovated 1955/2012

FEATURES AND AMENITIES

  • Shuttle Service
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 15618785

  • Date on Market: 4/3/2019

  • Last Updated:

  • Address: 1 Newbury St, Peabody, MA 01960