The median home value in Peabody, MA is $650,000.
This is
higher than
the county median home value of $534,900.
The national median home value is $308,980.
The average price of homes sold in Peabody, MA is $650,000.
Approximately 63% of Peabody homes are owned,
compared to 33% rented, while
4% are vacant.
Peabody real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Peabody real estate agent to arrange a tour today!
Learn more about Peabody.
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.
Centrally located & extensively renovated 4,232+/-sq ft warehouse space. This single-level building with brick faade 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.
Great Commercial Condo for rent located at The Tannery Gardens Condominium Complex on busy Foster St in Peabody, Plenty of retail parking for customers. Neighboring units include a Dentist Office, Travel and Insurance Office, Market, Hair Salon and Pet Grooming. Close to City Hall, The Courthouse, the Post Office and many restaurants and shops in Downtown Peabody. This unit is a blank slate waiting for your build-out. Landlord will provide one month of free rent for buildout. Presently, the unit is plumed for a nail salon which can be easily removed during build-out. Tenant is responsible to obtain comprehensive insurance during buildout period and the duration of the lease. Tenant pays utilities and repairs. Landlord pays the condo fee. One employee parking sticker provided. Hours of operation: 7 AM to 9 PM. Landlord prefers a 3-5 year lease term and is open to negotiating them.