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    24 Main St, Unit 26 Peabody, MA 01960

    For Lease
    $700 /Mo

    Two-room suite in downtown Peabody, perfect for small businesses.

    Building Details

    Year built
    1900

    Source: Commonwealth Properties Residential, LLC Agent Prescott White

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Peabody Office/Retail Space

    Available December 1st, this office/retail/professional space is located in a two-story office building in downtown Peabody. The first-floor, two-room suite is suitable for small to medium businesses. The layout features a door separating the two rooms, allowing the front office to function as a reception area, or the whole space can be customized. It is suitable as office space for professional services such as attorneys and accountants, or as studio space for beauty and personal care professionals, workshop space for creatives, or as a work-from-home alternative. Each room is approximately 13 x 13, totaling about 325 square feet. There is an additional monthly fee of $120 for utilities, including heat, electric, trash, wifi, and common area maintenance. Bathrooms are located on each floor of the building for use by tenants and their clients. First month's rent and security deposit are due with the lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lisboa’s nails technician ... Nail Salon Massachusetts Process Server Process Server STUDIO DERMAESTHETICS Specialized Clinic Bia cílios Beauty Salon Brazilian Beauty Spa Spa

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9261784
    Latitude
    42.5256736

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    FAQs

    What type of property is this?
    Office space - Two-room suite in downtown Peabody, perfect for small businesses.
    Where is this office space located?
    The property is located at 24 Main St, Unit 26 Peabody, MA.
    What are key features of this property?
    This property features: - Available December 1st in downtown Peabody.; - Suitable for office, retail, or professional use.; - Two-room suite (approximately 325 sq ft) ideal for small to medium businesses.
    (617) 600-8415
    Request Owner's contact information
    24 Main St, Unit 26 Peabody, MA 01960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 Main St, Unit 26 Peabody, MA 01960
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