15 Newbury St Peabody, MA 01960
Property profile & analytics
15 Newbury St Peabody, MA 01960
- Turn key restaurants
- 9,655 SF
- 1.59 lot acres
Property ID
US38-1897549
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Pardon My Cheesesteak / Restaurant
Property Details for 15 Newbury St
- Year built
- 1974
- Construction
- FRAME
- Lot size
- 1.59 lot acres
- Property size
- 9,655 SF
- Zone code
- BR1
- Property type
- Turn key restaurants
- APN
- PEAB M:0088 B:0006
- APU
- PEABM0088B0006
Description
This exceptional 7,755-square-foot retail space, located at 15 Newbury Street in Peabody, Massachusetts, presents a unique opportunity for a single-tenant business. Situated on a generous 1.6-acre lot, the property boasts ample parking with 94 spaces, ensuring convenient access for customers and employees. The building is zoned BR-1, offering flexibility for a variety of retail or restaurant uses. The entire space is currently vacant, providing a blank canvas for a new tenant to customize to their specific needs. The property's prominent location on Newbury Street in Essex County offers excellent visibility and accessibility, making it an ideal location to establish or expand a business. With its substantial size, ample parking, and prime location, this property is poised to attract significant foot traffic and contribute to the success of any retail or restaurant operation. The address is 15 Newbury Street, Peabody, MA 01960. The property's convenient location and substantial size make it an attractive option for businesses seeking a high-profile presence in a thriving community. The entire 7,755 square feet is available for lease. This is a single-tenant property.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $610,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,304,000
Market price range: $610k - $2.05M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Peabody
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.997
- Latitude
- 42.5212
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$40,660
$1,274,700
$884,600
$2,159,300
-
$0.00
$0.00
$0.00
