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$3,750,000
Est. payment /mo
6,840 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $548
MLS Listing ID 73426593
HOA Y/N false
Year Built 1930
Annual Tax Amount $15,390
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Exceptional mixed-use opportunity in downtown Peabody! 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.
Location
State MA
County Essex
Zoning GBD
Direction Lowell St to Central St to Walnut St
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Shingle
Others
Senior Community false
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Listed by eXp Realty