Information on Retail Space in Peabody, MA

Peabody is a city situated in Essex County in the state of Massachusetts. It is a part of the region of North Shore and was once known as the Northfields, which some of its locals still call it by. Some call it the South Parish because of its church found in the city center, which is now known as the Square.

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Retail Space

This city is shaped like a wedge with its main streets right in the broader end of the southeast area. The South neighborhood is right at the southern part of this place, while the West lies to the northwestern part of the city center. Roads and another area called Proctor separate it.

The center of the city is just to miles from Salem, and it is exactly 15 miles to the northeast of the capital city of the state, Boston. It is also less than 20 miles from Gloucester and with the same distance to the southeast of the town of Lawrence.

This area is bordered by other places, including Salem, Middleton, Danvers, and Lynn. The retail industry in this city is booming as several employers are all around to provide jobs to the citizens. If you are looking for a spot for your company, you can choose a location in the town’s community that you think will suit the needs of your business, as well as your employees and customers.

Best Places to Lease and Purchase a Commercial Property in the City

The area is where the junction of I-95 is situated, along with the US Route 1 and Massachusetts Route 128. The location of the city is indeed useful for those who want to increase the popularity of their store.

Several neighborhoods are an excellent option for businesses, both established and startups. Among the places you may want to begin your search with is Bourbon Street, which may be beneficial for your venture, whether it is a shop, restaurant, or a beauty salon and spa. Some of the buildings here are fully updated with their units that have hardwood flooring and crystal chandeliers to exude class and stylishness.

Properties are usually equipped with several units that you can either rent or purchase. Often, rent prices are offset using a sublease, but the companies are typically required to have at least similar services. Many properties have excellent amenities, including a bathroom for the employees and the customers and even a laundry room. Some units have a separate place where the workers can stay during lunch breaks.

Retail space can also be found in Lynnfield Street, a place in this town where huge buildings are located. You can find an ideal setting for your pharmacy or shop in this area. Whether you need a unit that can handle a small store or you want to build a massive shopping center, this neighborhood can be a great option for the goals of your business.

In Main Street, you will find some flexible rooms that you can use for your storefront. Many of the available properties are just right next to one another, which may make your hunt for the right place much more comfortable. Often, the units here require you to pay the taxes, and you may have to contribute every month for heat, which will be used during the winter season. Most of the properties, however, have a separate electric meter from the rest of the building. This way, you will only have to pay for the heating costs that you use during your stay.

How to Find an Occupant for Your Unit Fast

If you are searching for a renter or a purchaser for your unit, you want it to be done as quickly as possible. You may have tried advertising your property in Peabody through the newspaper, or you have offered fliers to some people to get the word out about the unit you currently have on the market. If it has been several months since anyone has contacted you about your place, it may be because your ad for it is not working.

It is time to change things up with the help of our services. In today’s day and age, many people, including professionals searching for a property in this city, use the Internet to find what they require. We urge you to list your unit with us so that more businesses can locate it. Through our listing service, potential occupants will reach out to you.

Anyone who is interested in renting or purchasing the unit you have will immediately contact you once they see your ad online.

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Retail Space