Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1R Newbury St Peabody, MA 01960

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $26 SF/Yr

    Spacious commercial property with high visibility and highway access.

    Lot size:
    1.71 Acres

    Property Features for 1R Newbury St

    General Information

    Lot size
    1.71 Acres

    Building Details

    Year built
    1974

    Source: Skylimit Real Estate LLC Agent Jose Lopez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Peabody Commercial Space For Rent

    Located near Route 1 and I-95, this commercial property in Peabody features visibility and accessibility. The building has an expansive, open layout suitable for customization, making it potentially useful for office, retail, medical, or specialty purposes. The flexible floor plan and location may be suitable for establishing or expanding a business. The property is located near businesses and major highways. It offers convenience, exposure, and potential for a range of commercial uses.
    Location Intelligence

    Current Use by Public Records

    New Generation Painting, ... Painter Embody Balance Yoga ... Yoga Instructor Rich Electric Company Electrician Thomas & Wickenheiser, LLC Personal Injury Attorney Transgroup Worldwide Logistics Freight Forwarding Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9977919
    Latitude
    42.5190116

    Nearby Similar for Lease

    • $14 SF/Yr
      9,750 SF

      Renovated Mill Building with Flexible Space

      Three-story mill building with modern renovated space and flexible lease terms.
      119R Foster St, Peabody, MA 01960
      View Details
    • Contact for pricing
      53,248 SF

      Centennial Park Build-to-Suit Opportunity

      3.93-acre site for flex, office, or medical building.
      17 Centennial Dr, Peabody, MA 01960
      View Details
    • $35 SF/Yr

      Freestanding Mixed-Use Building For Lease

      Modern mixed-use building on Rt 114 with high visibility.
      251 Andover St, Peabody, MA 01960
      View Details
    • $25 SF/Yr

      Versatile Space in Peabody, MA

      Adaptable space suitable for medical, retail, or light manufacturing.
      141 Summit St, Peabody, MA 01960
      View Details
    • Contact for pricing
      18,297 SF

      Peabody Office Suite with Loading

      Professional office suite with natural light and loading docks.
      1 Corporation Way, Peabody, MA 01960
      View Details
    • $700 /Mo

      Downtown Peabody Office/Retail Space

      Two-room suite in downtown Peabody, perfect for small businesses.
      24 Main St, Peabody, MA 01960
      View Details

    FAQs

    What type of property is this?
    Office space - Spacious commercial property with high visibility and highway access.
    Where is this office space located?
    The property is located at 1R Newbury St Peabody, MA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near Route 1 & I-95.; - Excellent highway access & visibility.; - Expansive, open layout for flexible build-out.
    (781) 469-3715
    Request Owner's contact information
    1R Newbury St Peabody, MA 01960
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1R Newbury St
    Peabody, MA 01960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1R Newbury St Peabody, MA 01960
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.