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

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

Includes office space, a restaurant, and a separate parking parcel, all under BC zoning.

Property SizeContact for details
Days on Market4

Property Features for 48-49-49a Lowell St

General Information

Standard status Active
Zoning BC

Additional Details

Equipment Included Yes
Property Use Office, Restaurant, Parking Lot

Taxes and HOA fees

Annual Taxes $23,483

Amenities

4
0.4
No

Building Details

Year Built 1950
Stories 2
Construction brick
Listing Agency: Lynnway Associates
Listed By: Rosa DeCastro · License #9569143
Source: Jrpierre
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 4:00PM

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

Rey
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Investment Insights

Based on property information with market context.

This three-property Peabody package brings together a two-level brick office building at 49 Lowell Street, a separate restaurant at 49A Lowell Street, and a parking lot at 48 Lowell Street. The restaurant is equipped for food service and may accommodate an additional floor. All three properties are zoned BC.

The parking parcel sits across the street from the other properties and accommodates approximately 20+ cars. The package combines office, restaurant, and parking uses along Lowell Street.

Key Highlights

  • Three properties at 48, 49, and 49A Lowell Street in Peabody
  • Two‑level brick office building at 49 Lowell Street
  • Separate restaurant at 49A Lowell Street, equipped for food service

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes office space, a restaurant, and a separate parking parcel, all under BC zoning.
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 properties at 48, 49, and 49A Lowell Street in Peabody; Two‑level brick office building at 49 Lowell Street; Separate restaurant at 49A Lowell Street, equipped for food service
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