Search
176-Unit Self-Storage Facility
For Sale
$10,000,000

3 Bourbon St, Peabody, MA 01960

Includes an owner-operator office and a two-bedroom, two-bath residence.

Property SizeContact for details
Days on Market8

Property Features for 3 Bourbon St

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Self-Storage Units 176

Taxes and HOA fees

Annual Taxes $66,570

Building Details

Year Built 1972
Listing Agency: NextGen Realty, Inc
Listed By: Jenna DeRose · License #9583798
Source: Ma-cthomes
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 24 at 6:16AM

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 NextGen Realty, Inc

Investment Insights

Based on property information with market context.

This self-storage property includes 176 units, an owner-operator office, and a 3,500-square-foot residence with two bedrooms and two bathrooms. The property was built in 1972 and is offered with the residence as part of the sale.

Located near Route 1 in Peabody, the facility has existing tenants under long-term leases extending through 2033, along with option years. A Class II Auto Dealer license is also associated with the property and may be available for additional consideration.

Key Highlights

  • 176‑unit self‑storage facility
  • 3,500‑square‑foot residence with 2 bedrooms and 2 bathrooms
  • Owner‑operator office included

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Toscana's Ristorante Restaurant Bourbon Street Mini ... Storage Facility Salon CC Hair Salon A C Auto Sales Car Dealership Kaleidoscope TAT 2 Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Self storage facility - Includes an owner-operator office and a two-bedroom, two-bath residence.
Where is this self storage facility located?
The property is located at 3 Bourbon St Peabody, MA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 176‑unit self‑storage facility; 3,500‑square‑foot residence with 2 bedrooms and 2 bathrooms; Owner‑operator office included
More about this property
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