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End-Unit Retail Space
For Lease
$35 SF/Yr

C-47 Newbury St, Peabody, MA 01960

Open-concept storefront with on-site parking, private kitchenette, two bathrooms, and prominent Route 1 North exposure.

Space SizeContact for details
Days on Market78

Property Features for C-47 Newbury St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $61,277
Listing Agency: The Aland Realty Group LLC
Listed By: Ethan Forrest · License #9562242
Source: Exprealty
Added: Jun 16 Changed: Aug 30 Last Checked: Aug 31 at 6:47PM

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.

This 3,720-square-foot end-unit retail space occupies a newer building at C-47 Newbury St in Peabody. The open floor plan features approximately 15-foot ceilings, hardwood flooring, upgraded lighting, and automated surround-sound speakers. Two floor-to-ceiling marble bathrooms and a private kitchenette are included, while the layout can accommodate a range of retail configurations. Patio seating expansion may also be possible.

The property sits directly along Route 1 North at a jug-handle intersection with stopped traffic. On-site parking serves the storefront, which is positioned beside two major hotel chains, fast-food franchises, and luxury apartments. The space is divisible by 1,860 square feet.

Key Highlights

  • 3,720‑square‑foot end‑unit retail storefront
  • Approximately 15‑foot ceilings with hardwood floors and updated lighting
  • Two floor‑to‑ceiling marble bathrooms and a private kitchenette

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Cafe & Coffee Shop

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
333k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 76% Shops & Services 15% Dining 5% Home Improvements & Furnishings 3%
Walmart Superstores
134,269 visits/mo 0.5 miles
Costco Wholesale Superstores
118,611 visits/mo 0.4 miles
Costco Gasoline Shops & Services
31,218 visits/mo 0.4 miles
Speedway Shops & Services
18,357 visits/mo 0.4 miles
Dunkin' Donuts Dining
17,100 visits/mo 0.4 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
4,734 SF
Avg Space Size

This space is priced 4% 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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Frequently Asked Questions

What type of property is this?
Retail space - Open-concept storefront with on-site parking, private kitchenette, two bathrooms, and prominent Route 1 North exposure.
Where is this retail space located?
The property is located at C-47 Newbury St Peabody, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 3,720‑square‑foot end‑unit retail storefront; Approximately 15‑foot ceilings with hardwood floors and updated lighting; Two floor‑to‑ceiling marble bathrooms and a private kitchenette
More about this property
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