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Restaurant and Parking Lot Package

48-49A Lowell St, Peabody, MA 01960

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For Sale

$1,400,000

Two properties: restaurant and parking lot with development potential.

Type:Commercial

Lot size:

0.25 Acres

HighLights

Two properties included: restaurant and parking lot.
Fully equipped restaurant ready for immediate use.
Large parking lot (approx. 0.25 acres / 10,938 sqft) included.
Parking lot offers development potential.
Restaurant has expansion possibilities, including adding an additional floor.
Restaurant was built in 2005.

We can help!

Listing Contact

Rosa Decastro

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For Sale

$1,400,000

Two properties: restaurant and parking lot with development potential.

Type:Commercial

Lot size:

0.25 Acres

Added:: Apr 25, 2026
Days on Market:: 48
Last Refresh:: Apr 25 at 6:21 am

Property Features for 48-49A Lowell St

General Information

Standard status: Active
Lot size: 0.25 Acres
Property subtype: Commercial

Building Details

Year Built: 2005

We can help!

Listing Contact

Rosa Decastro

Listing agent Rosa Decastro

Listing office Lynnway Associates

Listing date Apr 25, 2026

Source Liongatere

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

HighLights

Two properties included: restaurant and parking lot.
Fully equipped restaurant ready for immediate use.
Large parking lot (approx. 0.25 acres / 10,938 sqft) included.
Parking lot offers development potential.
Restaurant has expansion possibilities, including adding an additional floor.
Restaurant was built in 2005.

Overview

This unique investment opportunity features two properties being sold as a package. The properties include a fully equipped restaurant at 49A Lowell Street, suitable for expansion with the possibility of adding an additional floor. Also included is a parking lot located at 48 Lowell St, which is approximately 0.25 acres (10,938 sqft) and offers potential for development. Buyers and buyer's agents are advised to perform their own due diligence.

Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

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

Map
Local Demand

City: Peabody
County: Essex
State: Massachusetts
Longitude: -70.929928
Latitude: 42.5263438

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For sale
Restaurants
MA
Peabody
01960
48-49A Lowell St

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 $1,400,000.

What are key features of this property?

This property features: Two properties included: restaurant and parking lot.; Fully equipped restaurant ready for immediate use.; Large parking lot (approx. 0.25 acres / 10,938 sqft) included.