39 Wallis St Peabody, MA 01960

Located in the downtown district of Peabody, this multi-building complex at 39 Wallis Street is situated on approximately 1.91 acres. The property, a long-standing manufacturing facility, contains approximately 84,266 square feet. The first floor includes about 47,000 square feet of office space, warehouse storage, and manufacturing areas. The remaining space is multi-story and accessed by a freight elevator. The first floor is accessible via multiple loading positions, including six at-grade doors and two tailboard loading docks. The property is located less than 2 miles from I-95/Route 128 and ¼ mile from Route 114. Permitted plans outline a 132-unit mixed-use residential redevelopment opportunity. Current ownership has secured permits for a high-density mixed-use project. This planned development features 132 residential units, premium amenities, and parking. The property offers access to major highways, public transit, and strong demographics.