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    160 Lynn St Peabody, MA 01960

    For Sale
    $349,900

    Turnkey retail business with real estate included on busy road.

    Lot size:
    0.04 Acres

    Property Features for 160 Lynn St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    2025

    Source: Apex Realty Group, LLC Agent John Raso

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

    Overview

    Profitable Retail Business Opportunity

    This is an opportunity to acquire a fully operational business along with the real estate. The property is a stand-alone shop with outside seating, previously a local spot for ice cream, hot dogs, pizza, candy, and slushies. The location is on a busy main road, ensuring constant exposure and foot traffic from the adjacent Brown Elementary School, surrounding residences, and local businesses. The space is 280 square feet and ready for immediate occupancy. Equipment and inventory are included. The property is being sold 'As is'.
    Insight Report Location Intelligence

    Current Use by Public Records

    Diggity Dog Icecream ... Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Flowers & More, Bubbly 'n' Blooms

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9513703
    Latitude
    42.5069068

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    FAQs

    What type of property is this?
    Storefront property - Turnkey retail business with real estate included on busy road.
    Where is this storefront property located?
    The property is located at 160 Lynn St Peabody, MA.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Fully operational business with real estate included, offering immediate income potential.; - High-traffic location on a busy main road, ensuring constant exposure.; - Includes equipment and inventory for a seamless transition.
    (617) 797-7141
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    160 Lynn 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
    160 Lynn St Peabody, MA 01960
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