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Ground-Floor Office Suite
For Lease
$900/Mo

2 First Ave # 109, Peabody, MA 01960

A shared entry area connects two separate offices in this ground-level unit.

Space SizeContact for details
Property Size2,000 SF
Days on Market12

Property Features for 2 First Ave # 109

General Information

Standard status Active
Size 2,000 SF
Property subtype COMMERCIAL

Space & Availability

Floor Ground Floor
Space Use Office
Private Offices 2

Lease Terms

Lease Rate $900 /USD/MO
Total Rate $900
Monthly Rent $900
Lease Term 12 months
Flexible Term Yes

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $10,000

Amenities

parking

Building Details

Building Size 2,000 SF
Year Built 2014
Tenancy Multi
Listing Agency: Barry Realty Group
Listed By: Peter Castrichini · License #454008080
Source: Jonathanradford
Added: Sep 24 Changed: Oct 3 Last Checked: Oct 4 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 Barry Realty Group

Investment Insights

Based on property information with market context.

Unit 109 is a 2,000-square-foot office suite on the ground floor of a building constructed in 2014. Its layout includes an entry into a common area and two separate offices. Parking is available on site.

The property sits within Centennial Park and has access from three directions, with connections to Route 128, I-95 and Route 1. Electricity, gas heat, air conditioning, taxes and water are included; cable and internet are not.

Key Highlights

  • 2,000‑square‑foot ground‑floor office unit with a common entry area and two separate offices
  • Building constructed in 2014
  • On‑site parking

Property Analytics

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Current Use

Danny Cerqueira's Construction Construction Company Pop-A-Lock Locksmith of Peabody Locksmith Coast to Coast Cardiology Veterinary Clinic Just In Time Café Cafe & Coffee Shop Skin MD Peabody Medical Clinic

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Auto Parts Store Big Box & Wholesale Store Pharmacy

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

345
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

Lease Benchmarks for Peabody, MA

$23.1 /SF/Yr
Avg Asking Price
$5.5–$46 /SF/Yr
Price Range
3,883 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - A shared entry area connects two separate offices in this ground-level unit.
Where is this office units located?
The property is located at 2 First Ave # 109 Peabody, MA.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: 2,000‑square‑foot ground‑floor office unit with a common entry area and two separate offices; Building constructed in 2014; On‑site parking
More about this property
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