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48-49A Lowell St Peabody, MA 1960

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For Sale
$1,500,000

Two properties: restaurant and parking lot with development potential.

Type:Commercial/Industrial
Property size:
2,718 SF
Lot size:
0.32 Acres
Added:
Mar 11, 2026
Days on Market:
22
Last Refresh:
Mar 25 at 10:57 pm

Property Features for 48-49A Lowell St

General Information

Standard status
Active
Size
2,718 SF
Lot size
0.32 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
2005

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Listing Contact
Rosa DeCastro

Listing agent Rosa DeCastro

Listing office Lynnway Associates

Listing date Mar 11, 2026

Source Exitrealty

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


Overview

Restaurant and Parking Lot Package

This offering presents a unique investment opportunity involving two properties sold as a package. The properties include a fully equipped restaurant located at 49A Lowell Street, which offers expansion possibilities, including the potential to add an additional floor. Additionally, the package includes a parking lot situated at 48 Lowell Street, encompassing approximately 0.25 acres (10,938 square feet). This parking lot has potential for development. The restaurant has a size of 2,718 square feet. Prospective buyers are advised to conduct their own due diligence to assess the full potential of this investment.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

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

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

Similar Places Nearby

  • D'Orsi's Bakery & Delicatessen 197 Washington St, Peabody, MA 01960
  • A La Carte Parties & Catering 12 Harris St, Peabody, MA 01960
  • Ezatique Femme Africaine Femme active 7 Mcintyre Ct, Peabody, MA 01960
  • Hungry Nomads Boston 71 Wallis St, Peabody, MA 01960
  • Oh Jolie Catering 76 Walnut St #1B, Peabody, MA 01960

Location Insight

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City
Peabody
County
Essex
State
Massachusetts
Longitude
-70.9299
Latitude
42.5263

FAQs

What type of property is this?
Restaurant - Two properties: restaurant and parking lot with development potential.
Where is this restaurant located?
The property is located at 48-49A Lowell St Peabody, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two properties included: a restaurant and a parking lot.; Fully equipped restaurant suitable for immediate operation.; Parking lot (0.25 Acres / 10,938 sqft) included.
More about this property
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