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49 Lowell St Peabody, MA 01960

Sponsored
For Sale
$1,200,000

High-yield, two-unit leased building.

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional commercial property, located at 49 Lowell Street in Peabody, Massachusetts, presents a compelling investment opportunity. The property consists of a beautiful brick building situated on a 0.07-acre lot. Currently, both units within the building are fully leased, generating a consistent and reliable income stream. This ensures a strong return on investment from day one, making it an attractive option for both seasoned and new investors. The property benefits from a highly desirable location in Peabody, offering excellent visibility and convenient access to major transportation routes, ensuring high traffic flow and potential for future growth. The building's solid construction and prime location contribute to its long-term value and stability. This turnkey investment requires minimal management, making it an ideal addition to any commercial real estate portfolio. The asking price is $1,200,000. This represents a significant opportunity to acquire a profitable, low-maintenance commercial property in a thriving market. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional investment. The property's current lease agreements provide a stable foundation for future growth and profitability. The location's accessibility and visibility are key factors contributing to its strong rental potential.

Property Features for 49 Lowell St

General Information

Property type
Other commercial real estate
Lot Size
3,049 SF

Building Details

Year Built
1950

Property Profile Location Intelligence

Current Use by Public Records

MetroKleen, Inc Window Cleaning Service Stones by Crowne Stone Supplier Glass By Crowne Glass Shop

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Peabody
County
Essex
State
Massachusetts
Longitude
-70.92944
Latitude
42.52683

FAQs

What type of property is this?
Commercial real estate - High-yield, two-unit leased building.
Where is this commercial real estate located?
The property is located at 49 Lowell St Peabody, MA.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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