Address
48-49-49A Lowell St, Peabody, MA
Price
$ 2,499,000
Property Attributes
  • MLS#73203165
  • TypeCommercial
  • CountyESSEX
  • CityPeabody
  • Zip01960
  • StyleCommercial
  • Year Built1950
  • Taxes$ 19399
  • Price$ 2,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.4 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

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.

Price History
2/16/2024 Listed $2,499,000

General Features

Zoning BC
Year Built 1950
Tax Year 2023
Business Type Commercial
County Essex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Route 128 to Lowell St
City Peabody
Disclosures Lot size,Taxes & assessment value reflects total of all 3 properties combined. See attached documents.
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 17351
Waterfront Y/N No
Street Name Lowell St
Tax Annual Amount 19399
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 20
Lot Size Area 0.4
Lot Size Acres 0.4
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01960

Price
AVG $540K
$2.5M
Taxes
AVG $32,549
$19,399
Visits
AVG 227
196
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1950

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