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Four-Unit Office Condominium
New
For Sale
$999,900

45 Central St, Peabody, MA 01960

Private offices, reception areas, conference space, open work areas, and a kitchenette support varied office layouts.

Property Size4,083 SF
Price / SF$244.89
Days on Market6

Property Features for 45 Central St

General Information

Standard status Active
Size 4,083 SF
Property subtype Commercial
Zoning BC, Legal Conforming

Additional Details

Highway Access Yes
Office Units 4
Property Use Office

Taxes and HOA fees

Annual Taxes $8,469

Building Details

Building Size 4,083 SF
Year Built 1988
Buildings 1
Listing Agency: Century 21 North East
Listed By: Nicholas D'amico
Source: Clementsrealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 4:22PM

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 North East

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Investment Insights

Based on property information with market context.

The offering combines four separately deeded office condominium units totaling 4,083 square feet. Built in 1988, the space includes private offices, reception areas, conference space, open work areas, updated restrooms, a kitchenette, storage, and a whiteboard collaboration wall. Updated flooring and natural light complement the functional interior layout. On-site parking is available, and the property is zoned BC, Legal Conforming.

At 45 Central Street in downtown Peabody, the property offers access to Route 1, Route 114, and Route 128/I-95, as well as downtown Salem and the North Shore. All four units are conveyed together.

Key Highlights

  • Four individually deeded office condominium units offered together
  • 4,083 square feet; built in 1988
  • Includes private offices, reception areas, conference space, and open work areas

Property Analytics

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Current Use

Century 21 North ... Real Estate Agency NewFed Insurance Insurance Agency Continuum Management Services Business Management Consultant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Computer & Electronic Repair Acupuncture Law Firm Locksmith

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
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

436
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

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

Frequently Asked Questions

What type of property is this?
Office unit - Private offices, reception areas, conference space, open work areas, and a kitchenette support varied office layouts.
Where is this office unit located?
The property is located at 45 Central St Peabody, MA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Four individually deeded office condominium units offered together; 4,083 square feet; built in 1988; Includes private offices, reception areas, conference space, and open work areas
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