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Highlights
- Downtown location.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
The Mega Group has available 5 Central Street which is a 100+ seat restaurant that will need very little to re-open its doors. The Rosenfelt Building is a prime downtown hotspot, directly across the street from the Peabody Municipal Courthouse and has four (4) municipal parking lots just steps from its front entrance. The location has had a history of successful endeavors, most notably Mike & Lill’s Black Sheep Pub & Grille and current occupant The NexMex Thing. The floor space is 5,640 +/- square feet in size and features a full service kitchen, two (2) handicap accessible restrooms, a very attractive dining room and separate bar area. There is a basement space in the lower level with a walk-in already in place, dry storage, food preparation and service. Food and interior images are historic examples of the past tenancies. This is a commercial lease assignment that will transfers all rights and obligations from the current tenant to a new tenant, with the assignee directly responsible to the landlord for the remainder of the 5 year term.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor | 5,640 SF | Negotiable | $15.55 CAD/SF/YR $1.30 CAD/SF/MO $87,710 CAD/YR $7,309 CAD/MO | Retail | Full Build-Out | 30 Days |
1st Floor
| Size |
| 5,640 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.55 CAD/SF/YR $1.30 CAD/SF/MO $87,710 CAD/YR $7,309 CAD/MO |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 5,640 SF |
| Term | Negotiable |
| Rental Rate | $15.55 CAD/SF/YR |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | 30 Days |
The Mega Group has available 5 Central Street which is a 100+ seat restaurant that will need very little to re-open its doors. The Rosenfelt Building is a prime downtown hotspot, directly across the street from the Peabody Municipal Courthouse and has four (4) municipal parking lots just steps from its front entrance. The location has had a history of successful endeavors, most notably Mike & Lill’s Black Sheep Pub & Grille and current occupant The NexMex Thing. The floor space is 5,640 +/- square feet in size and features a full service kitchen, two (2) handicap accessible restrooms, a very attractive dining room and separate bar area. There is a basement space in the lower level with a walk-in already in place, dry storage, food preparation and service. Food and interior images are historic examples of the past tenancies. This is a commercial lease assignment that will transfers all rights and obligations from the current tenant to a new tenant, with the assignee directly responsible to the landlord for the remainder of the 5 year term.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Property Facts
| Total Space Available | 5,640 SF | Apartment Style | Low-Rise |
| No. Units | 14 | Building Size | 18,600 SF |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Total Space Available | 5,640 SF |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 18,600 SF |
| Year Built | 1900 |
About the Property
Location is just two miles from the North Shore Shopping Center and on the major route between Route 128 N/S and downtown Historic Salem.
Nearby Major Retailers
Presented by
The Rosenfelt Building | 5-9 Central St
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