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End Unit Retail Storefront
For Lease
$5,500/Mo

47 Newbury Street Unit A, Peabody, MA 01960

Open-concept commercial space offers hardwood floors, high ceilings, parking, bathrooms, and a private kitchenette.

Space SizeContact for details
Days on Market120

Property Features for 47 Newbury Street Unit A

General Information

Standard status Active

Building Details

Year Built 2013
Listing Agency: The Aland Realty Group LLC
Listed By: Michael Giannone
Source: Flowrealty
Added: Apr 15 Changed: Aug 12 Last Checked: Aug 12 at 3:15AM

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 The Aland Realty Group LLC

Investment Insights

Based on property information with market context.

Unit A is an end-cap storefront within a retail building constructed in 2013. The 1,860-square-foot suite features an open interior, approximately 15-foot ceilings, hardwood flooring, upgraded lighting, and automated surround-sound speakers. Two floor-to-ceiling marble bathrooms and a private kitchenette support a range of retail configurations. On-site parking is included.

The property fronts Route 1 North in Peabody, with signage positioned along the roadway and a jug-handle intersection nearby. The building is located beside two major hotel chains, fast-food franchises, and luxury apartment residences, providing a commercial setting with established surrounding uses.

Key Highlights

  • 1,860‑square‑foot end‑unit storefront
  • Approximately 15‑foot ceilings with hardwood flooring
  • Two floor‑to‑ceiling marble bathrooms

Property Analytics

Current Use

Oasis Shower Doors Hardware & Home Improvement Design Group 47 Interior Design Marco's Restaurant Restaurant Studio Becker Home Decor Store World Depot Carpet & Flooring Store

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$5.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 77% Hotels & Casinos 17% Shops & Services 6%
SONIC Drive In Dining
33,707 visits/mo 0.1 miles
Wendy's Dining
19,082 visits/mo 0.2 miles
Holiday Inn & Suites Hotels & Casinos
9,210 visits/mo 0.4 miles
7-Eleven Shops & Services
4,345 visits/mo 0.2 miles
Homewood Suites Peabody Hotels & Casinos
2,095 visits/mo 0.2 miles

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

Lease Benchmarks for Peabody, MA

$33.74 /SF/Yr
Avg Asking Price
$31.38–$35.48 /SF/Yr
Price Range
2,008 SF
Avg Space Size

This space is priced 5% above the average of $33.74 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Floral Boutique 480 Broadway, Lynnfield, MA 01940

Frequently Asked Questions

What type of property is this?
Storefront property - Open-concept commercial space offers hardwood floors, high ceilings, parking, bathrooms, and a private kitchenette.
Where is this storefront property located?
The property is located at 47 Newbury Street Unit A Peabody, MA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 1,860‑square‑foot end‑unit storefront; Approximately 15‑foot ceilings with hardwood flooring; Two floor‑to‑ceiling marble bathrooms
More about this property
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