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1 R Newbury # 405, Peabody MA 01960

Peabody, MA 01960
$25
$23/mo
1.71
Acres
1974
Year Built
81
Days on Market
For Rent Price Drop -$2 Listed Jul 29, 2026 • MLS# 73556692 Copied! • Updated Oct 5, 2026

Track this home for price, status, and open-house alerts.

About this home

Located just off Route 1 and I-95, this exceptional commercial property offers outstanding visibility, convenient accessibility, and a prime location in one of Peabody's most desirable business corridors. Featuring an expansive open floor plan, the space provides a blank canvas ready to be customized for office, retail, medical, professional, or specialty commercial use. With its flexible layout, generous footprint, and high-exposure location, this property is an excellent opportunity for businesses looking to establish, relocate, or expand their operations. Surrounded by established businesses and just minutes from major highways, it offers the perfect combination of convenience, visibility, and long-term potential. Highlights include a prime location near Route 1 and I-95, excellent highway access and exposure, an expansive open layout ready for build-out, and versatility to accommodate a wide range of commercial uses.

Price & Status History

Market Insights

1
Price Changes
8%
Price Range

Property Timeline

↓
Price Reduced
Sep 30, 2026
$23 $2 (-8%)
From $25 to $23 (-8.0%)
🏠
Listed for Rent
Jul 29, 2026
$23
Original listing
Agent: Norman Poggio Office: Skylimit Real Estate LLC
🏠
Listed for Rent
Jul 29, 2026
$25
Original listing
Agent: Norman Poggio Office: Skylimit Real Estate LLC

Tax History

Year Taxes Assessment
2025 $41,713 —

Financial Details

Annual Property Tax
$41,713
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1974
Lot Size 1.71 acres

Rental Details

Rent Includes None
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Building & Pet Policy

Fee Includes None
Amenities None
Optional Fee Includes None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Rent
Year Built
1974

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1974
Structure Type:
Exterior Materials:
Roof:
Foundation:

Utilities & Systems

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:
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
1.8 mi
Grades PK-12
The Recreational Education Center, LLC
1.8 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
2.8 mi | #345 of 346 | Score: 14.4
Improved 33 spots from last year
-43.8 below state avg
117 students Diverse
Rising School Diverse Student Body
Grades K-12
C
John E. McCarthy School
1.5 mi | #614 of 825 | Score: 39.9
Dropped 36 spots from last year
-18.3 below state avg
323 students Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
2.2 mi | #303 of 825 | Score: 50.7
Improved 163 spots from last year
-7.5 below state avg
283 students Moderate
Rising School
Grades PK-05
B+
South Memorial School
2.5 mi | #271 of 825 | Score: 51.7
Improved 234 spots from last year
-6.5 below state avg
446 students Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
2.5 mi | #493 of 825 | Score: 44.9
Improved 28 spots from last year
-13.3 below state avg
375 students Diverse
Rising School
Grades K-05
C-
Center School
2.8 mi | #687 of 825 | Score: 36.5
Dropped 307 spots from last year
-21.7 below state avg
281 students Diverse
Diverse Student Body
Grades PK-05
B+
John E Burke School
3.3 mi | #304 of 825 | Score: 50.7
Improved 233 spots from last year
-7.5 below state avg
295 students Moderate
Rising School
Grades K-05
C
William A Welch Sr School
3.4 mi | #661 of 825 | Score: 37.8
Improved 129 spots from last year
-20.4 below state avg
400 students Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
2.9 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
H

High Schools

2 schools
C
Peabody Veterans Memorial High School
2.2 mi | #259 of 346 | Score: 46.4
Same rank as last year
-11.8 below state avg
1,234 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
Bishop Fenwick High School
4.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

1 R Newbury # 405, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Norman Poggio
Listing Office Skylimit Real Estate LLC
Office Phone 857-477-7033
Agent MLS ID CN209435
Office MLS ID AN8003
Listing Data Updated Oct 5, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
Ask about this property — free, no obligation.

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