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    Leased Commercial Property For Sale

    49 Lowell St Peabody Peabody, MA 01960

    Claim this Listing
    For Sale
    $1,100,000

    Commercial property in Peabody with two fully leased units.

    Property size:
    5,385 SF
    Price / SF:
    $204.27/SF
    Added:
    May 15, 2026
    Days on Market:
    61
    Last Refresh:
    Jun 28 at 8:16 pm

    Property Features for 49 Lowell St Peabody

    General Information

    Standard status
    Active
    Size
    5,385 SF

    Building Details

    Year Built
    1950

    Listing office

    Listing date May 15, 2026

    Source Milestonerealtyinc

    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 Brian DaSilva

    Investment Insights

    Based on property information with market context.

    This commercial property is located in Peabody and features two fully leased units, providing a steady income stream. The brick building includes two levels above grade, plus a basement level. The property is situated in a desirable location with high visibility and easy access to major routes, offering potential for growth.

    Key Highlights

    • Steady income stream from two fully leased units
    • Prime commercial location in the heart of Peabody
    • High visibility and easy access to major routes

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $129.2k $24.00
    − Vacancy −$2.8k −$0.53
    EGI $126.4k $23.47
    − OpEx −$37.9k −$7.04
    NOI $88.5k $16.43
    5,385 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.26M
    $1.11M – $1.47M (±1% cap)
    NOI $88,478 @ 7.0% cap · market cap 8.04%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.19M
    $2.79M – $3.72M (±1% cap)
    NOI $223,153 @ 7.0% cap · market cap 20.29%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    MetroKleen, Inc General Contractor Stones by Crowne Building Supply Glass By Crowne Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Gym & Fitness Center Parking Lot & Garage Restaurant Dental Office Cafe & Coffee Shop Skin Care Clinic Auto Parts Store Storage Facility

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

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    FAQs

    What type of property is this?
    Storefront property - Commercial property in Peabody with two fully leased units.
    Where is this storefront property located?
    The property is located at 49 Lowell St Peabody Peabody, MA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Steady income stream from two fully leased units; Prime commercial location in the heart of Peabody; High visibility and easy access to major routes
    Contact an agent
    (508) 501-1443
    We can help!
    Contact an agent
    Brian DaSilva
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