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128 Newbury Street, Peabody MA 01960

Peabody, MA 01960
$3,500
Est. $218/month
39,000
Sq Ft
$0
Price/Sq Ft
0.00
Acres
2026
Year Built
13 hours 42 minutes
Time on Market
Active Listed Mar 17, 2026 • MLS# 73487650 Copied!

About this home

This 24,000 SF commercial building is currently being divided into sixteen (16) 1,500 SF bays, ideal for contractors, gyms, trades, and light industrial users. Each unit features a 14’ x 14’ overhead drive-in door, providing excellent access for vehicles, equipment, and materials. Each bay includes two dedicated parking spaces, with additional on-site visitor parking available. Ownership is open to combining multiple units for tenants requiring larger contiguous space, offering flexibility to accommodate a wide range of operational needs. The 24,000 SF building is expected to be completed by May/ June 2026. In addition, a second industrial building totaling approximately 15,000 SF is planned for delivery in Late Summer 2026, providing future expansion opportunities within the same site. The property is strategically located directly off Route 1 southbound, offering excellent accessibility to Route 128, I-95, and the greater North Shore market.

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Property Overview

Listing Type
Commercial Lease
Year Built
2026
Living Area
39,000 sq ft

Facts & Features

New Construction

Home Facts

Type Commercial Lease
Year Built 2026
Living Area 39,000 sq ft
Lot Size 0.0000

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax 0.00

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2026
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
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Sewer:
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Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
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Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

128 Newbury Street, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School District
Peabody School District local
C
✓ School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
↓ 3.4% below state avg
E

Elementary Schools

10 schools
Covenant Christian Academy
0.8 mi
Grades PK-12
The Recreational Education Center, LLC
0.8 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
2.1 mi | #346 of 346 | Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students Diverse
Rising School
Grades K-12
C
John E. McCarthy School
0.6 mi | #612 of 824 | Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
1.5 mi | #284 of 824 | Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students Moderate
Rising School
Grades PK-05
C-
Center School
2.5 mi | #731 of 824 | Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students Diverse
Diverse Student Body
Grades PK-05
B+
John E Burke School
2.5 mi | #298 of 824 | Score: 50.9
Improved 239 spots from last year
-7.3 below state avg
294 students Moderate
Rising School
Grades K-05
A-
South Memorial School
2.5 mi | #235 of 824 | Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
2.8 mi | #482 of 824 | Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students Diverse
Rising School
Grades K-05
C-
William A Welch Sr School
3.3 mi | #666 of 824 | Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
2.7 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

2 schools
C
Peabody Veterans Memorial High School
1.1 mi | #251 of 346 | Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
Bishop Fenwick High School
3.9 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 17, 2026
$3,500
Original listing
Agent: Brian Reardon Office: Five Mark Realty Group LLC

Price & Status History

Date Event Price Change
Mar 17, 2026 New Listing Added $3,500 —

Market Statistics

Time on Market
13 hours 42 minutes
Price per Sq Ft
$0

Tax History

Year Taxes Assessment
2026 $0 —

Financial Details

Annual Property Tax
$0
Tax Year 2026

Listing Information

Listing Agent Brian Reardon
Listing Office Five Mark Realty Group LLC
Agent MLS ID CN246421
Office MLS ID AN6890
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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128 Newbury Street, Peabody MA 01960 - Photo 1 128 Newbury Street, Peabody MA 01960 - Photo 2 128 Newbury Street, Peabody MA 01960 - Photo 3 128 Newbury Street, Peabody MA 01960 - Photo 4 128 Newbury Street, Peabody MA 01960 - Photo 5 128 Newbury Street, Peabody MA 01960 - Photo 6 128 Newbury Street, Peabody MA 01960 - Photo 7 128 Newbury Street, Peabody MA 01960 - Photo 8 128 Newbury Street, Peabody MA 01960 - Photo 9 128 Newbury Street, Peabody MA 01960 - Photo 10 128 Newbury Street, Peabody MA 01960 - Photo 11 128 Newbury Street, Peabody MA 01960 - Photo 12
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