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128 Newbury Street, Peabody, MA, 01960
New Flex Space For Lease

128 Newbury Street Peabody, MA 01960

For Lease
$3,500/Mo

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

Property Size24,000 SF
Days on Market94

Property Features for 128 Newbury Street

General Information

Standard status
Active
Size
24,000 SF

Building Details

Year Built
2026
Listing Agency: Five Mark Realty Group LLC
Listed By: Brian Reardon
Source: Liongatere
Added: Apr 25 Changed: Jul 10 Last Checked: Jul 26 at 4:23PM

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 Five Mark Realty Group LLC


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Zero Newbury Street Storage Facility

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Storage Facility Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant

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

Similar Off Market Nearby

  • Big Pig Barbecue & Catering — 108 Newbury St, Peabody, MA 01960

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.
More about this property
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