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    37 Margin St Peabody, MA 01960

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    For Sale
    $1,750,000

    Standalone commercial building in Peabody, MA with high visibility.

    Lot size:
    0.29 Acres

    Property Features for 37 Margin St

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    1992

    Source: Berkshire Hathaway HomeServices Commonwealth Real Estate Agent Peter Kim

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

    Overview

    High-Visibility Commercial Building For Sale

    This standalone commercial building is located in a strong retail corridor of Peabody, MA, offering a prime opportunity for owner-occupiers or investors. The property features excellent signage, ample on-site parking for customers and staff, and easy accessibility. Situated just off Route 1 and Interstate 95, the location benefits from consistent traffic and strong regional connectivity. The property has excellent frontage on a busy road with 65,000 cars daily. The building includes a full basement and strong street presence with signage opportunities. Currently operating as a dry cleaner, this versatile property is suitable for various businesses, including banks and financial institutions, medical and dental practices, professional offices (CPA or legal), restaurants and quick-service food chains, and convenience and liquor stores. The seller will deliver the property vacant with all equipment removed.
    Insight Report Location Intelligence

    Current Use by Public Records

    Four Seasons Cleaners Dry Cleaner

    Suggested Use

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

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

    Similar Places Nearby

    Maria's Flowers & Gifts, Glea Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9157232
    Latitude
    42.5350192

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    FAQs

    What type of property is this?
    Storefront property - Standalone commercial building in Peabody, MA with high visibility.
    Where is this storefront property located?
    The property is located at 37 Margin St Peabody, MA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - High-visibility standalone commercial building in a strong retail corridor.; - Excellent location with 65,000 cars daily and easy access to Route 1 & I-95.; - Ample on-site customer and staff parking.
    (508) 904-4735
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    37 Margin St 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
    37 Margin St Peabody, MA 01960
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