39 Wallis St, Peabody, MA

Listing agent Chris Everest

Listing office Nordlund Associates Show Phone

Listing date May 13, 2025

Source Moodyscre

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Overview

Located in the downtown district of Peabody, this multi-building complex at 39 Wallis Street is situated on approximately 1.91 acres. The property, a long-standing manufacturing facility, contains approximately 84,266 square feet. The first floor includes about 47,000 square feet of office space, warehouse storage, and manufacturing areas. The remaining space is multi-story and accessed by a freight elevator. The first floor is accessible via multiple loading positions, including six at-grade doors and two tailboard loading docks. The property is located less than 2 miles from I-95/Route 128 and ¼ mile from Route 114. Permitted plans outline a 132-unit mixed-use residential redevelopment opportunity. Current ownership has secured permits for a high-density mixed-use project. This planned development features 132 residential units, premium amenities, and parking. The property offers access to major highways, public transit, and strong demographics.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Peabody

County

Essex

State

Massachusetts

Longitude

-70.9237

Latitude

42.527

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FAQs

What type of property is this?

Manufacturing property - Industrial facility with permits for 132-unit mixed-use redevelopment.

Where is this manufacturing property located?

The property is located at 39 Wallis St Peabody, MA.

What is the asking price?

The asking price for this property is $3,395,000.

What are key features of this property?

This property features: Permitted plans for a 132‑unit mixed‑use residential redevelopment are included; Current ownership has secured permits for a high‑density mixed‑use project; +/- 84,266 square foot multi‑building complex with existing manufacturing facility