Priority Development Sites in Peabody, MA
With its premium location at the nexus of Route 128, Interstate 95 and U.S. Route 1, Peabody provides easy access for employers and employees. Peabody is home to Centennial Park – one of the North Shore’s premier business parks and global headquarters of world-class organizations such as Analogic and Boston Children’s at Peabody. Peabody’s Northshore Mall offers its guests an upscale shopping atmosphere with a wide variety of over 120 specialty stores. The Mall’s newest addition, the “Promenade at Northshore Mall” boasts several new restaurants, including Bancroft & Co., Tony C’s Sports Bar & Grill and the newly refashioned Legal Sea Foods. The Promenade also features an outdoor entertainment and recreation plaza and a host of amenities designed with today’s shoppers in mind. The bustling and historic downtown has undergone a series of revitalization efforts in recent years.
Main Street has a growing commercial sector of its own, with small businesses specializing in information technology, banking and insurance, the arts, food service, sports, fitness and medicine, and more. The City’s partnership with Peabody Main Streets – powered by community volunteers, business leaders, city officials, and creative entrepreneurs – is vital to Peabody’s standing as the North Shore’s economic hub.
Peabody offers a wide variety of recreational activities available to all residents. Brooksby Farm is a city-owned apple orchard that provides year-found family enjoyment and a scenic backdrop for autumn apple picking, winter cross-country skiing, and summer berry picking. The Peabody Independence Greenway and South Peabody Trail Network provide over 5 miles of open space for walking, jogging, biking, and other outdoor activities. Peabody features 20 parks and playgrounds, three branch libraries, and a senior center considered the envy of the region.
Peabody pride is on display each year at the International Festival, which celebrates its rich ethnic diversity. Other programs available to residents throughout the year include the Summer Concert Series, Small Business Saturday, Nightmare on Main Street, Downtown Stroll and Annual Tree Lighting and Holiday Concert.
150 Unit Downtown Peabody Portfolio
Size:
12,302/11,774/13,073/5,895/5,048/5,048/5,048/7,592
Contact Name:
Brian DApice
Contact Phone:
978-762-9771
The Portfolio consists of 11 buildings on 13 parcels of land. The offering provides the potential buyers with a chance to acquire a significant portion of upper Main Street in downtown, all parcels being in the Opportunity Zone. The total makeup of the portfolio is two parcels of land, 134 residential suites and 16 retail units for a total of 150 tenancies. (55-59 Main Street/65-75 Main Street/77 Main Street/61-63 Main Street/2 Littles Lane/4 Littles Lane/6 Littles Lane/3 Littles Lane)
Mixed Use Development
Mixed use opportunity in downtown Peabody. The first floor is currently occupied by auto dealer. The second floor is townhouse style apartment with bedrooms. Corner lot with ample parking for 20 cars.
Warehouse building
Size:
24,764 sq. ft.
Contact Name:
Brian DApice
Contact Phone:
978-762-9771
Warehouse building with 24,764 sq. ft. of open space on two levels in R1A zoning. Building features 2 loading dock style rollup doors and three drive-in style rollup doors. Great for warehouse, storage, manufacturing or like-uses.