40 ENDICOTT STREET, PEABODYA 40(b) RESIDENTIAL DEVELOPMENT OPPORTUNITY

40 Endicott Street is a 40(b) residential development opportunity situated on 16,370 +/- SF of land. The existing structure is a 2-story warehouse type building that rests on virtually all of the land area and is drive-in on the ground level from Berry Street. The building was built in the 1800's and is leaning, therefore will need to be demolished for the re-development to be feasible. Peabody MA is under their required percentage for affordable housing units so this property lends itself to opportunity. Zoning is R1A. See Peabody Zoning Bylaws and recorded Right of Way. Property is being sold "as-is" and will be delivered vacant.

$449,999FOR SALE

DISCLOSURE Subject to errors, omissions, prior sale or withdrawal from the market. Broker cannot guarantee utilities to be completely separate and makes no warranty or representation, expressed or implied, as to the accuracy of the information contained herein. Brian DApice & Associates LLC (d/b/a The Mega Group) is a Massachusetts Limited Liability Corporation. MA License #422172.

The Mega Group - Commercial Real Estate7 Federal Street, Suite 15 ! Danvers, MA 01923

(978)762-9771www.TheMegaGroup.net

THE MEGA GROUP www.TheMegaGroup.net7 Federal Street #15, Danvers, MA 01923