128 Newbury Street, Peabody, MA 01960

Building Details

Year Built

2026

Listing agent Brian Reardon Show Phone

Listing office Five Mark Realty Group LLC Show Phone

Listing date Apr 25, 2026

Source Liongatere

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All listing content including descriptions, pricing, images are the copyrighted material of Five Mark Realty Group LLC

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Overview

This 24,000 SF commercial building is being divided into sixteen 1,500 SF bays, suitable for contractors, gyms, trades, and light industrial users. Each unit includes a 14' x 14' overhead drive-in door for access. Each bay has two dedicated parking spaces, with additional visitor parking available on-site. Ownership is open to combining multiple units for tenants needing larger space. A second industrial building totaling approximately 15,000 SF is planned for delivery in Late Summer 2026, providing future expansion opportunities. The property is located directly off Route 1 southbound, offering accessibility to Route 128, I-95, and the greater North Shore market. The 24,000 SF building is expected to be completed by May/ June 2026.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Peabody

County

Essex

State

Massachusetts

Longitude

-70.9908869

Latitude

42.5350665

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FAQs

What type of property is this?

Flex space - New 1,500 SF flex space bays available for lease.

Where is this flex space located?

The property is located at 128 Newbury Street Peabody, MA.

What is the lease rate?

The lease rate is $3,500 /Mo.

What are key features of this property?

This property features: Excellent location directly off Route 1 southbound, with easy access to Route 128, I‑95, and the North Shore.; New construction (completion expected May/June 2026) with modern features.; Flexible unit sizes: **1,500 SF bays can be combined** for larger contiguous space.