$3,750,000
46-48 Walnut St
Peabody, MA, 01960
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.
Property Details
Price:
$3,750,000
MLS #:
73426593
Status:
Active
Beds:
0
Baths:
6
Address:
46-48 Walnut St
Type:
Commercial
City:
Peabody
Listed Date:
Sep 5, 2025
State:
MA
Finished Sq Ft:
6,840
Total Sq Ft:
6,840
ZIP:
01960
Lot Size:
6,839 sqft / 0.16 acres (approx)
Year Built:
1930
Schools
Interior
Exterior
Roof
Shingle
Financial
Tax Year
2025
Taxes
$15,391
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
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Courtesy of CAP Select Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
46-48 Walnut St
Peabody, MA
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