Grocery Store

Peabody, MA Grocery And Convenience Stores for Sale

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Leased Mixed-Use Building
Updated: Apr 11
Leased Mixed-Use Building

32 Walnut Street, Peabody, MA 01960

Contact for pricing
18,090 Sq. Ft. of total building GLA on a 9,444 Sq. Ft. lot
Currently 100% leased with a reported 7% Cap rate
First‑floor retail convenience store and tax services office
Industrial units plus office spaces on the 2nd and 3rd floors
12 ft. ceilings, elevator, 3 overhead doors, and natural gas heat
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Peabody, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Restaurant and Residence
Mixed-Use Restaurant and Residence

57 East Street, Ipswich, MA 01938

$974,500
2,419 sqft

Two-level property with an operational kitchen and private-entry apartment above, plus an added storage outbuilding.

View details
Corner Retail Building with Billboard Income
Corner Retail Building with Billboard Income

47-53 Central Avenue, Lynn, MA 01901

$1,550,000
6,346 sqft

Freestanding corner retail building with two units and a double-sided rooftop billboard generating additional income.

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Neighborhood Bakery with Apartment
Neighborhood Bakery with Apartment

57 East Street, Ipswich, MA 01938

$974,500
2,419 sqft

Two-level food service and retail setup includes a professional kitchen and a private-entry two-bedroom apartment.

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Three-Unit Retail and Auto Retail
Three-Unit Retail and Auto Retail

391 Essex, Lynn, MA 01902

Contact for pricing

Three fully tenanted buildings include a liquor store, radio and tint shop, and bodega, each with defined accessory space.

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Off-Market Properties in Peabody, MA

Consider similar Off-Market properties in Peabody, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

210 Andover St
GROCERY, SUPERMARKET

210 Andover St, Peabody, MA 01960-1647

$7,345,000
Estimated value
59,213 sqft 3.04 AC lot
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Peabody, MA Grocery And Convenience Stores Market Trends and Statistics

Explore 2 grocery and convenience stores for sale in Peabody, MA on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 26
Automotive properties 3
Shopping centers 3
Banks 2
Grocery and convenience stores 1

Demographics Overview

Population 54K
Population Growth (5Y) +2.7%
Median Household Income $95,173
College Educated 22.6%

Taxes & Financing

Tax Rate (average for all types) 1.84%
Property Tax per SF $14.90 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Peabody fall within the 25,000 to 50,000 square foot range.

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