An exciting opportunity awaits! presenting a establish restaurant a beloved culinary gem in the heart of Peabody's Location. With its inviting ambiance, delectable menu, and loyal clientele, this restaurant is ready for its next passionate owner to take the reins and continue its tradition of excellence." Beer and wine license only" not full liquor license.
Jump into a fully operational business, with this exceptional opportunity where the real estate comes with the sale! This charming, stand-alone shop with outside seating was a popular local spot for ice cream, hot dogs, pizza, candy, and slushies. Strategically situated on a busy main road, the location guarantees constant exposure, with a steady stream of foot traffic from the adjacent Brown Elementary School, surrounding residences, and local businesses. This location is a proven winner for a high-visibility retail operation. The 280 sq. ft. space is efficient and ready for you to take over immediately. Equipment and inventory are included, making this a seamless transition for the new owner. Whether you want to maintain the existing, profitable ice cream and food concept or pivot to a new venture or different use. This location offers the ideal foundation. Buyer and buyer agent to do their own due diligence. Sold 'As is'. Audio/video on property.
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 can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include four residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.
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.
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. 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!
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.
