149 Washington Street

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149 Washington Street

Peabody, MA 01960
Asking Price
$1.28M
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose building measuring 4,617 square feet of interior space
  • Acquisition price for the property is set at 1,285,000 dollars
  • Asset is situated in the suburban city of Peabody Massachusetts
  • Facility design allows for various specialized professional or institutional uses
  • Location provides strategic access throughout the greater North Shore region

What's Special

This 4,617-square-foot special-purpose asset occupies a prominent position at 149 Washington Street in Peabody, Massachusetts. The property is currently available for purchase, offering a versatile physical footprint suitable for a variety of specialized business operations or institutional uses. Located in a well-established North Shore community, the site benefits from regional connectivity and a steady suburban economic base that supports diverse commercial ventures. Investors and owner-users will find the building layout conducive to specific functional requirements common to the special-purpose sector. The surrounding area remains a vital part of the greater Boston metropolitan landscape, providing access to essential infrastructure and a deep professional labor pool. Prospective buyers are encouraged to evaluate the site for its potential to house community-focused programs, educational services, or niche professional offices that require a tailored facility. This transaction represents a clear opportunity to acquire a dedicated building within an accessible and stable commercial market.

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NOI
$80,000
Cap Rate
6.23%
DSCR
1.05
Tight
Cash-on-Cash
0.96%
Monthly Payment
$6,357.479
Annual Cash Flow
$3,710.253

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