128 Newbury St Peabody, MA 01960

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.