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 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. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.
For sale
Price cut: $850K (11/13)
$2,900,000
46-48 Walnut St, Peabody, MA 01960
5beds
10,231sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1930
-- sqft lot
$-- Zestimate®
$283/sqft
$-- HOA
What's special
Residential apartmentResidential units
- 34 days |
- 499 |
- 8 |