The median home value in Peabody, MA is $600,000.
This is
higher than
the county median home value of $451,800.
The national median home value is $219,700.
The average price of homes sold in Peabody, MA is $600,000.
Approximately 61.49% of Peabody homes are owned,
compared to 33.79% rented, while
4.72% are vacant.
Peabody real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Peabody real estate agent to arrange a tour today!
Welcome to this extraordinary opportunity to own a highly reputable and successful dry cleaning business with an impressive track record spanning over 35 years of operation. This well-established establishment has not only survived but thrived, standing as a testament to its unwavering commitment to excellence and customer satisfaction. Location is a key factor in the success of any business, and this dry cleaning business boasts a prime location on a bustling street near Rte. 1 & 128. This strategic positioning ensures high visibility and convenient accessibility for customers, attracting a steady flow of foot traffic. Additionally, ample parking spaces further enhance the convenience and ease of access, making it even more appealing to customers. Please be advised that Confidentiality and Non-Disclosure Agreement Required.
The retail strip consists of 7 fully leased stores with a diverse mix of tenants, including a Greek Bakery, Tattoo Shop, Nail/Pedicure Salon, Driving School, Chinese Fast-Food Restaurant, Barbershop, and Physical Therapy Establishment. Convenient location on Lake Street, cornering Lowell Street, attracting customers from surrounding areas like West Peabody, Lynnfield, and Reading and more. Well-maintained property with ample parking and convenient access for deliveries. Fully leased properties ensure immediate income generation for investors, providing stability and cash flow. With the adjacent residential property also fully leased, investors benefit from diversified income streams. Given the prime location and zoning designation, there may be opportunities for future development or renovation to increase the value of the properties further. This property could be sold with MLS # 732114637 which is priced at $799,900.
•Location: The building enjoys high visibility from Lowell Street, US-Route 1, and US-95. This strategic location offers great exposure for businesses operating within the building.• Lot Size and Building: The nearly 12,000 square foot, assessment value, and a certified development plot plan of 19,890 sq ft, lot is improved with a 5,070 square foot 3 story building. This ample space provides opportunities for various business operations and tenants.• Access and Traffic Regulation: Vehicle entrance to the property is facilitated by a traffic light, which helps regulate traffic flow from Bourbon Street and Lowell Street. This controlled access enhances convenience and safety for tenants and customers. •Current Tenants: leased to three tenants, indicating a stable income stream for the property owner .•Parking: Ample available on-site, ensuring convenience for tenants and customers. •Zoning: is BR, offering liberal flexibility for various uses •Potential For Drive Thru The location of t
Unique investment opportunity with eminent potential! High visibility due to being located in a high traffic area. Three properties are being sold as a package. 49 Lowell Street (a 2-level brick office building), 49A Lowell Street (a separate and fully equipped restaurant) and located across the street 48 Lowell Street (parking lot for approx. 20 plus cars). Excellent for expansion & development with the possibility to add additional floors to the restaurant. Development potential at 48 Lowell Street parking lot. Buyer/buyer's Agent to perform your own due diligence.
Freestanding 6800± SF Retail/Flex building for sale. Located directly off Rt 1 and Lowell St. This building offers a well-balanced mix of retail storefront, built out commercial kitchen, walk-in refrigerator and freezer, delivery bay with overhead door, office space, and storage. There is an oversized freestanding sign on the property and ample parking in the 13 spot parking lot. Excellent opportunity for a food service business to own their own location. Renovated in 2012. Existing business and equipment available by separate agreement.
This distinguished restaurant, boasting a liquor license, is strategically situated in a vibrant strip plaza on Main Street, nestled in the bustling downtown vicinity surrounded by offices, schools, churches, and residential areas. Spanning approximately 4,400 square feet, the establishment accommodates 42 seats and holds a Common Victualler License. The monthly rent, inclusive of taxes, amounts to $4,200. The asking price for this well-appointed venture is $400,000. It is a great opportunity to open your luxury restaurant without having to go through all the construction and finishing processes. It is good for the franchise restaurants.
Centrally located & extensively renovated 4,232+/-sq ft warehouse space. This single-level building with brick façade features a 10'9" garage door and tall ceilings (11’-13’ height to structural beams and 18’+/- to ceiling). Inside, discover a 19'x11' office with new waterproof vinyl plank flooring and large window, newly poured concrete floor with vehicle ramp, new Modine heating system, updated electrical, video monitoring system, tiled half bath, industrial sink, storage cabinet, and refrigerator. Additional recent improvements: pitched asphalt shingled roof, new sewer line, water heater and large Andersen windows.
Price reduction! Spacious 2nd floor space with many business possibilities. Multiple offices, conference room, plenty of storage, kitchenette, common area 1/2 bath. Ample parking for cars and trucks. Perfect for user or investor. Great opportunity to own. Quick access to Route 1 & 95.
