Freestanding Flex Retail-Industrial
For Sale
Contact for pricing
218 Newbury St, Peabody, MA 01960
Modern freestanding building with heated warehouse, open storage/shop area, three drive-ins, and fenced secure outdoor storage.
Property Size5,800 SF
Days on Market120
Property Features for 218 Newbury St
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Industrial, Business for Sale
Site & Location
Traffic Count
20,000 vehicles/day
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
15 ft
Drive-In Doors
3
Listing Agency:
MANSARD
Listed By:
Jeremy Cyrier, CCIM, CRE · License #MA 9048314
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 6:31AM
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 MANSARD
Investment Insights
Based on property information with market context.
218 Newbury is a modern freestanding building adaptable for multiple retail and industrial uses. The property is laid out with a welcoming retail façade and customer-facing reception and waiting area, plus showroom space and private offices. Behind the front portion, the heated warehouse provides an open concept layout with approximately 15’ ceilings, including 3,600 SF of main warehouse area and additional 500+/- SF of bonus mezzanine storage space.
The site includes ample outdoor parking and a bonus fenced-in area for secure storage. The property is positioned on a highly visible lot with exposure to an estimated 20,000 vehicles per day and is located among strong national tenants, including Mercedes, Land Rover, Meinkeke, and Boston Sports Club. Access is supported by three drive-ins servicing the warehouse/storage component.
The site includes ample outdoor parking and a bonus fenced-in area for secure storage. The property is positioned on a highly visible lot with exposure to an estimated 20,000 vehicles per day and is located among strong national tenants, including Mercedes, Land Rover, Meinkeke, and Boston Sports Club. Access is supported by three drive-ins servicing the warehouse/storage component.
Key Highlights
- 5,800+ SF modern freestanding building adaptable for retail/industrial uses
- Heated warehouse with open concept layout of approx. 3,600 SF plus 500+/- SF bonus mezzanine storage
- Storage/shop area includes ample 15' ceilings and 3 drive‑ins for loading
Property Analytics
Current Use
Lease Details
15 ft
Clear height
3
Drive-in doors
20,000 VPD
Traffic count
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
495
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Modern freestanding building with heated warehouse, open storage/shop area, three drive-ins, and fenced secure outdoor storage.
Where is this flex space located?
The property is located at 218 Newbury St Peabody, MA.
What are key features of this property?
This property features: 5,800+ SF modern freestanding building adaptable for retail/industrial uses; Heated warehouse with open concept layout of approx. 3,600 SF plus 500+/- SF bonus mezzanine storage; Storage/shop area includes ample 15' ceilings and 3 drive‑ins for loading
