Peabody, MA 01960,46-48 Walnut St
Peabody, MA 01960,46-48 Walnut St
Peabody, MA 01960,46-48 Walnut St
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$3,750,000
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6,840 SqFt
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46-48 Walnut St Peabody, MA 01960

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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


Listed by eXp Realty

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agent

Rebecca Hyde

Team Leader and Real Estate Agent | License ID: 9580112

+1(978) 400-2426

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46-48 Walnut St