Conventional Restaurant with Full
For Sale
Contact for pricing
5 Central St, Peabody, MA 01960
Restaurant space includes a separate bar, dining room, and lower-level storage and preparation areas.
Property Size5,640 SF
Price / SF$0.94
Days on Market140
Property Features for 5 Central St
General Information
Standard status
Active
Size
5,640 SF
Building Details
Year Built
1900
Listing Agency:
The Mega Group
(781) 760-4356
Listed By:
Colleen Cohan
(781) 760-4356
Source:
Lockandkeyre
Added: Apr 13
Changed: Aug 29
Last Checked: Aug 29 at 9:17PM
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 The Mega Group
Investment Insights
Based on property information with market context.
This 5,640 +/- square foot restaurant property is configured for a substantial dining operation, with seating for 100+ guests, a full-service kitchen, and a distinct bar area. The main level also includes an attractive dining room and two (2) handicap accessible restrooms. Lower-level space adds operational support with an existing walk-in, dry storage, food preparation space, and service areas.
The property is positioned across from the Peabody Municipal Courthouse, with four (4) municipal parking lots located steps from the entrance. It is approximately two miles from the North Shore Shopping Center and sits along a major route connecting Route 128 N/S with downtown Historic Salem. Built in 1900, the Rosenfelt Building has housed restaurant and pub operations, including The NexMex Thing.
The property is positioned across from the Peabody Municipal Courthouse, with four (4) municipal parking lots located steps from the entrance. It is approximately two miles from the North Shore Shopping Center and sits along a major route connecting Route 128 N/S with downtown Historic Salem. Built in 1900, the Rosenfelt Building has housed restaurant and pub operations, including The NexMex Thing.
Key Highlights
- 5,640 +/- square foot restaurant property
- Seating capacity for 100+ guests
- Full‑service kitchen with separate bar and dining room
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
McDonald's
Dining
28,496 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,295 visits/mo
0.1 miles
7-Eleven
Shops & Services
5,276 visits/mo
0.1 miles
North Shore Bank
Shops & Services
2,201 visits/mo
0.2 miles
Krispy Krunchy Chicken
Dining
841 visits/mo
0.3 miles
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 Retail in Northeast region
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Similar Off Market Nearby
- Copa Cabana Steakhouse Inc. — 150 Main St, Peabody, MA 01960
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space includes a separate bar, dining room, and lower-level storage and preparation areas.
Where is this conventional restaurant located?
The property is located at 5 Central St Peabody, MA.
What are key features of this property?
This property features: 5,640 +/- square foot restaurant property; Seating capacity for 100+ guests; Full‑service kitchen with separate bar and dining room
