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Central Peabody Retail or Office
For Lease
$2,000/Mo
Pending

101 Foster Street #B, Peabody, MA 01960

Bright, spacious unit in Central Peabody, suitable for various businesses.

Space SizeContact for details
Property Size1,000 SF
Days on Market123

Property Features for 101 Foster Street #B

General Information

Standard status Pending
Size 1,000 SF
Zoning GB, Legal Conforming

Taxes and HOA fees

Annual Taxes $10,366

Building Details

Building Size 1,000 SF
Year Built 2001
Listing Agency: Charlesgate Realty Group LLC
Listed By: Christopher Charido · License #9577718
Source: Liongatere
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 8 at 6:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charlesgate Realty Group LLC

Investment Insights

Based on property information with market context.

Located in Central Peabody, this spacious and bright unit features high ceilings. The property is currently configured as a salon with over three sinks, making it readily adaptable for other wellness and beauty industry uses, such as massage. It could also be converted into office or retail space. The unit includes a private half bath and ample parking is available in front of the building. The property is available now.

Key Highlights

  • Highly desirable Central Peabody location
  • Spacious and bright with high ceilings
  • Easily convertible space suitable for wellness, beauty, office, or retail use

Property Analytics

Current Use

Foster Variety Market Take-out & Catering CK Landscape and Hardscape ... Landscaping

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Cafe & Coffee Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,197
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 34%
Dunkin' Donuts Dining
10,318 visits/mo 0.1 miles
Dunkin' Donuts Dining
9,295 visits/mo 0.4 miles
7-Eleven Shops & Services
5,276 visits/mo 0.4 miles
North Shore Bank Shops & Services
2,201 visits/mo 0.4 miles
Sullivan Tire Shops & Services
713 visits/mo 0.1 miles

Demographics for 01960, MA

54,155
Population
23,009
Households
2.4
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,385
Density / Sq Mi
$95,173
Median Household Income
$56,100
Median Earnings
$1,902
Median Rent
$566,700
Median Home Value

Market

Lease Benchmarks for Peabody, MA

$33.74 /SF/Yr
Avg Asking Price
$31.38–$35.48 /SF/Yr
Price Range
4,734 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Bright, spacious unit in Central Peabody, suitable for various businesses.
Where is this retail space located?
The property is located at 101 Foster Street #B Peabody, MA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Highly desirable Central Peabody location; Spacious and bright with high ceilings; Easily convertible space suitable for wellness, beauty, office, or retail use
More about this property
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