128 Newbury Street, Peabody MA 01960
Peabody, MA 01960
$3,500/mo
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About this home
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.
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Property History
Property Timeline
Listed for Rent
Mar 17, 2026
$3,500
Original listing
Agent: Brian Reardon
Office: Five Mark Realty Group LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/17/2026 | 🏠 Listed for Rent | $3,500 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $0 | — |
Financial Details
Annual Property Tax
$0
Tax Year 2026
Facts & Features
New Construction
Home Facts
Type
Commercial Lease
Year Built
2026
Living Area
39,000 sq ft
Lot Size
0.0000
Rental Details
Rent Includes
None
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Building & Pet Policy
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Rent
Year Built
2026
Living Area
39,000 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
2026
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
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:
Nearby Schools
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
Elementary Schools
10 schools
Covenant Christian Academy
0.8 mi
Grades PK-12
The Recreational Education Center, LLC
0.8 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
2.1 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
0.6 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
1.5 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
C-
Center School
2.5 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
2.5 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
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
2.8 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
William A Welch Sr School
3.3 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
Middle Schools
1 school
C+
J. Henry Higgins Middle School
2.7 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
High Schools
2 schools
C
Peabody Veterans Memorial High School
1.1 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
3.9 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
128 Newbury Street, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Agent
Brian Reardon
Listing Office
Five Mark Realty Group LLC
Office Phone
978-539-7335
Agent MLS ID
CN246421
Office MLS ID
AN6890
Listing Data Updated
Mar 21, 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.
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