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Second-Floor Office Suite
For Lease
$1,600/Mo

80 Prospect Street #3, Peabody, MA 01960

Four private offices, reception, kitchenette, and private bathroom create a practical professional workspace.

Space Size1,100 SF
Lot Size0.38 Acres
Days on Market108

Property Features for 80 Prospect Street #3

General Information

Standard status Active
Size 1,100 SF
Net Rentable 1,100 SF
Total Parking Spaces 30
Lot size 0.38 Acres
Zoning BR

Space & Availability

Available Space 1,100 SF
Contiguous Space 1,100 SF
Floor 2
Space Use Office
Available From Immediate
Private Offices 4

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $8,757

Amenities

central air conditioning
private bathroom
reception area
kitchenette
newer windows

Building Details

Building Size 1,100 SF
Year Built 1960
Listing Agency: The Mega Group
Listed By: Colleen Cohan
Source: Dohertyproperties
Added: May 21 Changed: Aug 30 Last Checked: Sep 5 at 3:33AM

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 Mega Group

Investment Insights

Based on property information with market context.

This approximately 1,100-square-foot second-floor office suite is configured with four enclosed offices, a reception area, kitchenette, and private bathroom. Central air conditioning, newer windows, and views add to the existing improvements. The suite is available for immediate occupancy, with the tenant responsible for its own utilities. Zoning is BR.

The freestanding property occupies a 16,540-square-foot campus with 30 on-site parking spaces and two-way access to Route 114 via Prospect Street. The building sits within an office and retail corridor near North Shore Mall, with Petco, T-Mobile, Jos A Bank, and BMW identified at the Route 114 intersection. Routes 1, 95, and 128 are minutes away.

Key Highlights

  • Approximately 1,100 square feet on the second floor
  • Four private offices plus reception area, kitchenette, and private bathroom
  • Central air conditioning and newer windows throughout

Property Analytics

Current Use

Pampered & Polished Hair Salon Bliss Massage Studio Alternative Medicine Practice PBinJect Medical Spa Spa & Massage Center Felton Cemetery Cemetery Thousand Needles Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Barber Shop (Bike/Boat/Book/etc) Store Garden Center Hotel & Motel Bakery

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
NNN (Triple Net)
Lease Type
$2.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,454
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

Market

Lease Benchmarks for Peabody, MA

$23.55 /SF/Yr
Avg Asking Price
$5.5–$44 /SF/Yr
Price Range
4,158 SF
Avg Space Size

This space is priced 26% below the average of $23.55 /SF/Yr.

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 - Four private offices, reception, kitchenette, and private bathroom create a practical professional workspace.
Where is this office units located?
The property is located at 80 Prospect Street #3 Peabody, MA.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: Approximately 1,100 square feet on the second floor; Four private offices plus reception area, kitchenette, and private bathroom; Central air conditioning and newer windows throughout
More about this property
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