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Retail and Office Space on Main St
For Lease
$25 SF/Yr

68 Main St, Peabody, MA 01960

Turnkey space with exterior access, large windows, and street visibility on a downtown Main Street corridor.

Days on Market8

Property Features for 68 Main St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1940
Listing Agency: Barry Realty Group
Listed By: Joe Castrichini · License #454008080
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 30 at 6:44AM

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

Investment Insights

Based on property information with market context.

This turnkey commercial space offers exterior access and large windows for strong street presence. The layout is fully built out for immediate occupancy, and the current configuration is described as suitable for bank or business use.

Located on Main St in downtown Peabody, the property is close to local amenities, and it is positioned near train access and nearby garage/city parking.

The space is currently operated as a bank/credit union location that is consolidating sites. The remarks indicate the space may be suitable for medical, retail and service uses, or office use. Tenant is responsible for all utilities, and electric plus wireless/internet access are included. The requested initial term is 3 to 5 years, with options available on preferred terms.

Key Highlights

  • Year built: 1940 building with exterior access and large windows
  • Downtown Peabody Main St corridor with street visibility
  • Currently built out for a bank/credit union; space can support medical, retail, or office uses

Property Analytics

Current Use

Metro Credit Union ... Credit Union

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,342
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Groceries 31% Shops & Services 25%
Stop & Shop Groceries
34,557 visits/mo 0.4 miles
McDonald's Dining
28,496 visits/mo 0.2 miles
Dunkin' Donuts Dining
10,318 visits/mo 0.5 miles
Stop & Shop Gas Shops & Services
9,428 visits/mo 0.3 miles
Dunkin' Donuts Dining
9,295 visits/mo 0.2 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Turnkey space with exterior access, large windows, and street visibility on a downtown Main Street corridor.
Where is this bank located?
The property is located at 68 Main St Peabody, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Year built: 1940 building with exterior access and large windows; Downtown Peabody Main St corridor with street visibility; Currently built out for a bank/credit union; space can support medical, retail, or office uses
More about this property
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