Search
Six-Unit Mixed-Use Building
For Sale
$1,228,000

149 Washington St, Peabody, MA 01960

Includes four residential units and approximately 1,515 sf of commercial storefront space used as two retail spaces.

Property Size4,617 SF
Price / SF$810.56
Days on Market160

Property Features for 149 Washington St

General Information

Standard status Active
Size 4,617 SF
Property subtype Commercial

Additional Details

Highway Access Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $8,007

Building Details

Building Size 4,617 SF
Year Built 1890
Listing Agency: Century 21 Mario Real Estate
Listed By: Lisa Leonard · License #9018110
Source: Classifiedrealtygroup
Added: May 14 Changed: Oct 19 Last Checked: Oct 19 at 4:01AM

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 Century 21 Mario Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property offers six total units, with four residential apartments and approximately 1,515 sf of commercial storefront space. The residential component consists of four units with 4 rooms, 2 bedrooms, and 1 bathroom each. The commercial space is currently being used as two separate retail spaces.

Located in Peabody town center, just south of Peabody Sq., the property is described as being in a walkable mixed-use neighborhood district with a Walkscore of 86 out of 100. The listing states the building is steps from public transportation and within minutes of Main/Lowell/Boston/Lynnfield streets, with highway access to I-95/128 and Route 1.

Rents are stated to be below market value, supporting an income-focused ownership strategy.

Key Highlights

  • 6‑unit mixed‑use property built in 1890 with 4 residential units plus approximately 1,515 SF commercial storefront space
  • Residential mix: four 4‑room, 2‑bedroom, 1‑bath units
  • Commercial space totals approximately 1,515 SF and is currently used as two separate retail spaces

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

COMPLETE NUTRITION (Bike/Boat/Book/etc) Store Transition Social Service Agency COMPLETE NUTRITION CENTER (Bike/Boat/Book/etc) Store Violet's Designer Consignment ... Discount Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Gym & Fitness Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,066
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 28%
Dunkin' Donuts Dining
10,318 visits/mo 0.1 miles
North Shore Bank Shops & Services
2,201 visits/mo 0.5 miles
Sullivan Tire Shops & Services
713 visits/mo 0.2 miles
Extra Space Storage Shops & Services
673 visits/mo 0.2 miles
Jackson Hewitt Tax Service Shops & Services
468 visits/mo 0.1 miles

Demographics for 01960, MA

54,155
Population
23,009
Households
2.4
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,385
Density / Sq Mi
$95,173
Median Household Income
$56,100
Median Earnings
$1,902
Median Rent
$566,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes four residential units and approximately 1,515 sf of commercial storefront space used as two retail spaces.
Where is this mixed-use property located?
The property is located at 149 Washington St Peabody, MA.
What is the asking price?
The asking price for this property is $1,228,000.
What are key features of this property?
This property features: 6‑unit mixed‑use property built in 1890 with 4 residential units plus approximately 1,515 SF commercial storefront space; Residential mix: four 4‑room, 2‑bedroom, 1‑bath units; Commercial space totals approximately 1,515 SF and is currently used as two separate retail spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again