1 Bourbon St, Peabody, MA 01960-1339

This exceptional 6,892-square-foot freestanding building in Peabody, Massachusetts, presents a unique investment opportunity. Located at 1 Bourbon Street, this two-story property boasts a highly desirable blend of retail and flex space, ideal for a variety of uses. The building features a fully equipped commercial kitchen, complete with a walk-in refrigerator and freezer, ensuring seamless operations for food-related businesses. A dedicated delivery bay with an overhead door facilitates efficient loading and unloading. Ample office space and storage areas provide flexibility for diverse operational needs. The property also includes a retail storefront, maximizing visibility and customer accessibility. Situated on a 0.33-acre lot, the property offers convenient parking for 13 vehicles. The strategic location directly off Route 1 and Lowell Street ensures high visibility and accessibility, benefiting from significant traffic counts of 41,198 vehicles per day on Route 1 and 23,064 vehicles per day on Lowell Street. The property is currently vacant and offers an oversized freestanding signage opportunity for enhanced brand visibility. This is a turnkey solution for a business seeking to own its own location. The property is offered at $1,800,000 with a Net Net Net (NNN) lease structure. The building consists of one unit in one building.