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Three-Property Mixed-Use Package
New
For Sale
$2,500,000

48-49-49A Lowell St, Peabody, MA 01960

Includes a two-level brick office building, equipped restaurant, and parking lot across the street.

Property Size1,950 SF
Days on Market6

Property Features for 48-49-49A Lowell St

General Information

Standard status Active
Size 1,950 SF
Property subtype Commercial
Zoning BC

Building Details

Building Size 1,950 SF
Year Built 1950
Buildings 1
Stories 2
Construction brick
Listing Agency: Lynnway Associates
Listed By: Rosa DeCastro
Source: Iverty
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 28 at 11:17AM

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

Investment Insights

Based on property information with market context.

This mixed-use package combines three properties at 48-49-49A Lowell St in Peabody, Massachusetts. The offering includes a two-level brick office building at 49 Lowell Street, a separate restaurant at 49A Lowell Street with equipment in place, and a parking lot at 48 Lowell Street positioned across the street. The year built is identified as 1950.

The properties are designated BC zoning. The restaurant is described as having the potential for an additional floor, while the parking lot accommodates approximately 20+ cars and is identified as offering further development potential.

Key Highlights

  • Three‑property package at 48‑49‑49A Lowell St, Peabody, MA 01960
  • Two‑level brick office building at 49 Lowell Street
  • Separate fully equipped restaurant at 49A Lowell Street

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Gym & Fitness Center Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

1,267
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a two-level brick office building, equipped restaurant, and parking lot across the street.
Where is this mixed-use property located?
The property is located at 48-49-49A Lowell St Peabody, MA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Three‑property package at 48‑49‑49A Lowell St, Peabody, MA 01960; Two‑level brick office building at 49 Lowell Street; Separate fully equipped restaurant at 49A Lowell Street
More about this property
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