About 3 Bourbon St
Great property right off Route 1 in Peabody for sale! Owner operator has small office and nicely done two bed 2 bath 3500SF home included in the property sale. Solid existing tenants with long term leases going into 2033 with option years. New owner can enjoy great rental income from the Mini-Storage business with existing below market price and get financial boost from moving the 176 units' rent to market pricing. Also has great development potential for any developers seeking to expand onto residential ground-up development. There's also a Class II Auto Dealer license for additional consideration if buyer is interested, very limited amount in the City of Peabody.
Features of 3 Bourbon St
| MLS® # | 73575777 |
|---|---|
| Price | $10,000,000 |
| Acres | 2.39 |
| Year Built | 1972 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 3 Bourbon St |
|---|---|
| City | Peabody |
| County | Essex |
| State | MA |
| Zip Code | 01960 |
Amenities
| Utilities | Public Water, Public Sewer, Natural Gas Available, 110 Volts |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | BR |
|---|
Listing Details
| Agent | Jenna Derose |
|---|---|
| Office | NextGen Realty, Inc. |