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Downtown Peabody Office Space Available
For Lease
$550/Mo

24 Main St Unit 308, Peabody, MA 01960

Single-room office in downtown Peabody, available July 1st.

Space SizeContact for details
Days on Market145

Property Features for 24 Main St Unit 308

General Information

Standard status Active

Building Details

Year Built 1900
Listing Agency: Commonwealth Properties Residential, LLC
Listed By: Prescott White
Source: Gooddeedsrealtypartners
Added: Apr 25 Changed: Sep 14 Last Checked: Sep 14 at 6:05PM

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 Commonwealth Properties Residential, LLC

Investment Insights

Based on property information with market context.

Available July 1st, this single-room office unit is located on the second floor of an office building in downtown Peabody. The unit offers approximately 150 square feet of space, with dimensions of about 10 feet by 15 feet. The room features new flooring and natural light. It is suitable for use as a small business office, beauty and personal services suite, creative studio space, or a work-from-home alternative. There is an additional monthly fee of $50 for utilities, which includes heat, electric, trash, and Wi-Fi. Bathrooms are located on each floor of the building for use by tenants and their clients. First month's rent and a security deposit are due with the lease.

Key Highlights

  • Downtown Peabody location
  • Move‑in ready with new flooring
  • Abundant natural light

Property Analytics

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Current Use

Lisboa’s nails technician ... Nail Salon Massachusetts Process Server Law Firm STUDIO DERMAESTHETICS Medical Clinic Bia cílios Hair Salon Brazilian Beauty Spa Spa & Massage Center

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Gym & Fitness Center Acupuncture

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

NNN (Triple Net)
Lease Type
$6.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,375
Businesses Nearby

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
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Market

Lease Benchmarks for Peabody, MA

$23.19 /SF/Yr
Avg Asking Price
$5.5–$46 /SF/Yr
Price Range
4,125 SF
Avg Space Size

This space is priced 90% above the average of $23.19 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Single-room office in downtown Peabody, available July 1st.
Where is this office units located?
The property is located at 24 Main St Unit 308 Peabody, MA.
What is the lease rate?
The lease rate is $550/Mo.
What are key features of this property?
This property features: Downtown Peabody location; Move‑in ready with **new flooring**; Abundant **natural light**
More about this property
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