Exceptional mixed-use opportunity in Peabody's downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer’s request, the seller may be able to terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 - 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes.
Discover this prime commercial property in the heart of Peabody! Featuring two fully leased units, this property offers steady income stream and a promising investment for the future. This Beautiful brick building is situated in a desirable location with high visibility and easy access to major routes, it presents endless potential for growth. 2 levels above grade plus basement level. Whether you're expanding your portfolio or seeking a reliable income-generating asset, this property is a perfect fit. Don't miss out on this exceptional opportunity. Schedule a showing today!
Unique investment opportunity with eminent potential! Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor. Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development. Buyer/buyer's Agent to perform your own due diligence.
Impressive 10,000± SF two-story office building situated on a 31,580± SF lot along a major commercial corridor. Property features prominent electronic signage, 70+ convenient on-site parking spaces, and high-quality interior finishes throughout. Fully furnished with a functional mix of private offices and open work areas, plus a fully equipped kitchen. Additional full basement provides ample storage. Ideal for owner-users or investors seeking a well-located, move-in-ready office property.
Perfect Owner Occupied or Investor Opportunity to own a high-visibility standalone commercial building in a strong retail corridor of Peabody, MA. The property offers excellent signage, ample parking, and easy accessibility. Located just off Route 1 and Interstate 95, this location benefits from consistent traffic counts and strong regional connectivity. Highlights: Prime Standalone Property, Full Basement, Parking: Ample on-site customer and staff parking, Location: Excellent frontage on a busy road with 65,000 cars daily, minutes from Route 1 & I-95•Visibility: Strong street presence with signage opportunities. Currently operating as Dry Cleaners, this versatile property is ideal for a wide range of businesses, including but not limited to: Banks & financial institutions, Medical & dental practices, Professional offices (CPA or Legal), Restaurants & quick-service food chains, Convenience & liquor Store. Bring your Ideas! Seller will deliver vacant (all equipment removed).
Peabody is located in Massachusetts. Peabody, Massachusetts has a population of 54,200. Peabody is less family-centric than the surrounding county with 27.53% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Peabody, Massachusetts is $83,570. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Peabody is 46.5 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 47.8 inches per year, with 41.8 inches of snow per year.
