Day Spa with Treatment
New
For Sale
$120,000
215 Newbury Street, Peabody, MA 01960
An operating wellness business includes staff, furnishings, equipment, and a customer database.
Property Size1,872 SF
Price / SF$64.10
Days on Market4
Property Features for 215 Newbury Street
General Information
Standard status
Active
Size
1,872 SF
Property subtype
Commercial
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Business Included
Yes
Road Access
Yes
Building Details
Year Built
1986
Tenancy
Single
Listing Agency:
Lillian Montalto Signature Properties
Listed By:
Team Lillian Montalto
(978) 475-1400
Source:
Jbarrettrealty
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 12:52PM
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 Lillian Montalto Signature Properties
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Investment Insights
Based on property information with market context.
The sale includes an established day spa business and its approximately 1,872 SF leased space in the Hallmark Building. The layout contains massage and treatment rooms with sinks, a separate tattoo room, a spray-tan room, and a nail room with three manicure stations and three pedicure stations. Additional space includes an office, kitchenette, breakroom, supply room, bathroom, and three-quarter shower; an in-unit stackable washer and dryer is also included. The business has operated for nearly 40 years, and the sale includes its name, current staff, customer database, equipment, furnishings, and inventory. The building was constructed in 1986, and the space is zoned BR.
The professionally managed building offers more than 100 parking spaces. Monument signage is positioned along Route 1 and Lowell Street. The spa operates seven days a week, and an assumable lease may be available with landlord approval.
The professionally managed building offers more than 100 parking spaces. Monument signage is positioned along Route 1 and Lowell Street. The spa operates seven days a week, and an assumable lease may be available with landlord approval.
Key Highlights
- Established day spa business with nearly 40 years in operation
- Approximately 1,872 SF leased space in the Hallmark Building
- Three manicure stations and three pedicure stations
Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
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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
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Similar Off Market Nearby
- Ascension Wellness Center — 484 Lowell St Unit 2C, Peabody, MA 01960
- Essex County Acupuncture — 2 Bourbon St, Peabody, MA 01960
Frequently Asked Questions
What type of property is this?
Spa & wellness property - An operating wellness business includes staff, furnishings, equipment, and a customer database.
Where is this spa & wellness property located?
The property is located at 215 Newbury Street Peabody, MA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Established day spa business with nearly 40 years in operation; Approximately 1,872 SF leased space in the Hallmark Building; Three manicure stations and three pedicure stations
