Flex Space with Drive-In
For Sale
Contact for pricing
128 Newbury Street, Peabody, MA 01960
Flexible commercial bays offer individual access, dedicated parking, and the option to combine units for larger operations.
Property Size39,000 SF
Price / SF$0.09
Days on Market169
Property Features for 128 Newbury Street
General Information
Standard status
Active
Size
39,000 SF
Property subtype
Commercial
Zoning
B
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
16
Building Details
Building Size
39,000 SF
Year Built
2026
Buildings
1
Listing Agency:
Sagan Harborside Sotheby's International Realty
(978) 578-5013
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Mar 17
Changed: Aug 30
Last Checked: Aug 31 at 1:43PM
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 Sagan Harborside Sotheby's International Realty
Investment Insights
Based on property information with market context.
The 24,000 SF flex building is being configured as sixteen 1,500 SF bays, with completion anticipated in May/June 2026. Each bay includes a 14’ x 14’ overhead drive-in door and two dedicated parking spaces, while additional visitor parking is available on site. Units may be combined to create larger contiguous areas within the building. The property is zoned B.
A second industrial building totaling approximately 15,000 SF is planned for delivery in late summer 2026, creating additional space within the same site. Access is directly from southbound Route 1, with connections to Route 128 and I-95 and reach to the greater North Shore market.
A second industrial building totaling approximately 15,000 SF is planned for delivery in late summer 2026, creating additional space within the same site. Access is directly from southbound Route 1, with connections to Route 128 and I-95 and reach to the greater North Shore market.
Key Highlights
- 24,000 SF building planned with sixteen 1,500 SF bays
- Each bay has a 14’ x 14’ overhead drive‑in door
- Two dedicated parking spaces per bay, plus visitor parking
Property Analytics
Property Profile
Current Use
Lease Details
16
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Big Pig Barbecue & Catering — 108 Newbury St, Peabody, MA 01960
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial bays offer individual access, dedicated parking, and the option to combine units for larger operations.
Where is this flex space located?
The property is located at 128 Newbury Street Peabody, MA.
What are key features of this property?
This property features: 24,000 SF building planned with sixteen 1,500 SF bays; Each bay has a 14’ x 14’ overhead drive‑in door; Two dedicated parking spaces per bay, plus visitor parking
