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Brick Mill Flex Building
For Lease
$13 SF/Yr

119R Foster St #Building 4, Peabody, MA 01960

Renovated mill-style flex space with loading dock, direct forklift access, high ceilings, elevator, and ample parking.

Space SizeContact for details
Property Size9,750 SF
Days on Market52

Property Features for 119R Foster St #Building 4

General Information

Standard status Active
Size 9,750 SF
Zoning GB

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $33,053

Building Details

Building Size 9,750 SF
Year Built 1840
Listing Agency: Barry Realty Group
Listed By: Peter Castrichini · License #454008080
Source: 413realestate
Added: Jul 4 Changed: Aug 14 Last Checked: Aug 23 at 2:53AM

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 Barry Realty Group

Investment Insights

Based on property information with market context.

This beautiful brick and stone mill building features sandblasted brick and notched beam construction, with space renovated and updated for a modern use. First-floor space includes cement flooring, loading dock access, and direct level entry suitable for forklift operations. High ceilings and two ADA bathrooms on each floor support a flexible work or service environment, and an elevator provides building access. Plenty of parking is included, and multiple suites are available for current occupancy.

Access is convenient to major routes, with easy connections to 128/95 and Route 1. The property is identified as GB zoned, and the remarks indicate that city-approved usage documentation is available by request.

The building’s configuration and zoning make it well suited for a range of commercial and institutional uses, including retail-related space and showroom concepts, church or religious facilities, medical or doctor offices, license day care, schools or colleges, banks and financial services, contractor or business support offices, and warehousing. Special permit uses are also described as available through review, which can support a variety of start-up or expansion needs. Lease terms are flexible, with long-term arrangements preferred.

Key Highlights

  • Renovated 1840 mill‑style brick/stone building with sandblasted brick and notched beam construction
  • Flexible space available: 2,000–9,500 SF including 1st‑floor cement floors
  • Loading dock plus direct level access for forklift use

Property Analytics

Current Use

Baystate Building & Remodeling ... Construction Company Peabody Floor Supply Carpet & Flooring Store RTZ Dryer Vent ... General Contractor Fisher Auto Parts Auto Parts Store Public Insurance Policy Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby
Under-served
Demand for This Use

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

$9.17 /SF/Yr
Avg Asking Price
$1.08–$16 /SF/Yr
Price Range
21,079 SF
Avg Space Size

This space is priced 42% above the average of $9.17 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Hungry Nomads Boston 71 Wallis St, Peabody, MA 01960
  • Oh Jolie Catering 76 Walnut St #1B, Peabody, MA 01960

Frequently Asked Questions

What type of property is this?
Flex space - Renovated mill-style flex space with loading dock, direct forklift access, high ceilings, elevator, and ample parking.
Where is this flex space located?
The property is located at 119R Foster St #Building 4 Peabody, MA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Renovated 1840 mill‑style brick/stone building with sandblasted brick and notched beam construction; Flexible space available: 2,000–9,500 SF including 1st‑floor cement floors; Loading dock plus direct level access for forklift use
More about this property
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