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    48-49A Lowell St Peabody, MA 1960

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    For Sale
    $1,500,000

    Two properties: restaurant and parking lot with development potential.

    Type:Commercial/Industrial
    Property size:
    2,718 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $551/SF
    Added:
    Mar 11, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 5 at 9:54 pm

    Property Features for 48-49A Lowell St

    General Information

    Standard status
    Active
    Size
    2,718 SF
    Lot size
    0.32 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2005

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    Listing Contact
    Rosa DeCastro

    Listing agent Rosa DeCastro

    Listing office Lynnway Associates

    Listing date Mar 11, 2026

    Source Exitrealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lynnway Associates


    Overview

    Restaurant and Parking Lot Package

    This offering presents a unique investment opportunity involving two properties sold as a package. The properties include a fully equipped restaurant located at 49A Lowell Street, which offers expansion possibilities, including the potential to add an additional floor. Additionally, the package includes a parking lot situated at 48 Lowell Street, encompassing approximately 0.25 acres (10,938 square feet). This parking lot has potential for development. The restaurant has a size of 2,718 square feet. Prospective buyers are advised to conduct their own due diligence to assess the full potential of this investment.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Similar Places Nearby

    • D'Orsi's Bakery & Delicatessen 197 Washington St, Peabody, MA 01960
    • A La Carte Parties & Catering 12 Harris St, Peabody, MA 01960
    • Ezatique Femme Africaine Femme active 7 Mcintyre Ct, Peabody, MA 01960
    • Hungry Nomads Boston 71 Wallis St, Peabody, MA 01960
    • Oh Jolie Catering 76 Walnut St #1B, Peabody, MA 01960

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9299
    Latitude
    42.5263

    FAQs

    What type of property is this?
    Restaurant - Two properties: restaurant and parking lot with development potential.
    Where is this restaurant located?
    The property is located at 48-49A Lowell St Peabody, MA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Two properties included: a restaurant and a parking lot.; Fully equipped restaurant suitable for immediate operation.; Parking lot (0.25 Acres / 10,938 sqft) included.
    More about this property
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