Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6 Bourbon St Peabody, MA 1960

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $115,000

    Established donut and coffee shop with loyal customer base.

    Type:Business Opportunity
    Property size:
    1,250 SF
    Added:
    Apr 22, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 22 at 12:57 pm

    Property Features for 6 Bourbon St

    General Information

    Standard status
    Active
    Size
    1,250 SF
    Property subtype
    Business Opportunity

    Building Details

    Year Built
    2013

    We can help!

    Listing Contact
    Peter Castrichini

    Listing agent Peter Castrichini License #454008080

    Listing office Barry Realty Group

    Listing date Apr 22, 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 Barry Realty Group

    Overview

    Profitable Donut & Coffee Bakery

    The legendary Ziggy & Sons Donuts & Coffee Bakery is available for sale. This business has been a staple of the North Shore for over 62 years. The business is stable, and new owners have opportunities for expansion and growth. The current owners are willing to provide training and support. The bakery benefits from a high-traffic location and a professional layout. The space is 1250 square feet. The rent is $2218 per month, plus utilities, and a lease is in place. The business has high-volume sales and a loyal customer base. It is currently open five days a week, Wednesday through Sunday, with limited hours from 7 am to 1 pm. The business is cash flow positive. The owner prefers financing with a 50% deposit. This presents an opportunity to expand an existing business or start a new career. There is potential for immediate and future growth by expanding hours and production. Additional equipment can be added to expand on-site production.
    Location Intelligence

    Current Use by Public Records

    Michael Alvarez at CrossCountry ... Loan Service Lucky Dogs Daycare Kennel & Boarding Facility Carl Iannacci at CrossCountry ... Loan Service Joseph Girolamo at CrossCountry ... Loan Service David Belair at CrossCountry ... Loan Service

    Suggested Use

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

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

    Similar Places Nearby

    • Bagel World Bakery — 246 Newbury St, Peabody, MA 01960
    • Great African Coffee — 484 Lowell St Suite 1B-1, Peabody, MA 01960

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9802418
    Latitude
    42.5482065

    Nearby Similar for Sale

    • $499,900
      2,759 SF

      Peabody Duplex: Rehab Opportunity

      Two-family duplex on 0.26 acres, ideal for rehab/development.
      18-20 Pleasant St, Peabody, MA 01960
      View Details
    • $18

      Prime Retail Space on Route 1

      High-visibility retail space available on a highly traveled corridor.
      82 Newbury Street, Peabody, MA 01960
      View Details
    • $1,299,900
      3,912 SF

      Peabody Multi-Unit Investment Property

      Multi-unit property in Peabody with excellent investment potential.
      171 Lowell St, Peabody, MA 01960
      View Details
    • $115,000
      1,250 SF

      Established Donut Coffee Bakery Business

      Legendary donut and coffee shop available for sale.
      6 Bourbon St, Peabody, MA 01960
      View Details
    • $1,750,000

      High-Visibility Commercial Building For Sale

      Standalone commercial building in a strong retail corridor of Peabody, MA.
      37 Margin St, Peabody, MA 01960
      View Details
    • $1,299,900
      3,912 SF

      Peabody Multi-Unit Investment Opportunity

      Three units, strong rental history, delivered vacant in Peabody.
      171 Lowell St, Peabody, MA 01960
      View Details
    • Contact for pricing

      Prime Peabody Retail Investment Opportunity

      Retail property with long-term leases in a strategic location.
      1 Sylvan St, Peabody, MA 01960
      View Details
    • $1,100,000

      Leased Commercial Property in Peabody

      Two-unit commercial property with steady income stream in Peabody.
      49 Lowell St, Peabody, MA 01960
      View Details
    • $1,750,000
      4,640 SF

      High-Visibility Commercial Building in Peabody

      Standalone commercial building in a strong retail corridor, excellent visibility.
      37 Margin St, Peabody, MA 01960
      View Details
    • $115,000
      1,250 SF

      Established Donut and Coffee Bakery

      Profitable donut and coffee shop with loyal customer base.
      6 Bourbon Street, Peabody, MA 01960
      View Details
    • $1,100,000
      5,385 SF

      Prime Commercial Property in Peabody

      Two-unit, fully leased commercial property with income potential.
      49 Lowell St, Peabody, MA 01960
      View Details
    • $1,400,000

      Restaurant and Parking Lot Package

      Two properties: restaurant and parking lot with development potential.
      48-49A Lowell St, Peabody, MA 01960
      View Details

    FAQs

    What type of property is this?
    Coffee shop - Established donut and coffee shop with loyal customer base.
    Where is this coffee shop located?
    The property is located at 6 Bourbon St Peabody, MA.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Established business with 62+ years of operation and loyal customer base.; High volume sales and cash flow positive from day one.; Opportunity for rapid expansion and growth by expanding hours and production.
    (978) 204-3874
    We can help!
    Listing Contact
    Peter Castrichini
    Real Estate License ID: 454008080
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!