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Built-Out Bank Space
For Lease
$25 SF/Yr

68 Main St, Peabody, MA 01960

Street-facing commercial space offers large windows, exterior access, and an existing business-oriented layout.

Space SizeContact for details
Days on Market20

Property Features for 68 Main St

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Turnkey

Lease Terms

Lease Term 60 months
Flexible Term Yes

Site & Location

Public Transit Yes
Utilities to Site Yes

Building Details

Year Built 1940
Listing Agency: Barry Realty Group
Listed By: Peter Castrichini · License #454008080
Source: Lyvrealty
Added: Aug 11 Changed: Aug 29 Last Checked: Aug 25 at 5:06AM

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 1940 property is configured as a bank or credit union facility with exterior entry, prominent windows, and direct street exposure. The interior is being offered as an open, built-out space, with the existing setup adaptable to medical, retail, service, office, or banking operations.

The property is on Main Street in downtown Peabody, near train service and garage or municipal parking. A lease structure with a 3- to 5-year initial term and options is preferred. The tenant will be responsible for utilities, electricity, and wireless or internet service.

Key Highlights

  • Existing bank or credit union configuration
  • Exterior entrance with large windows and street exposure
  • Open, built‑out interior suitable for medical, retail, service, office, or banking use

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,342
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Street-facing commercial space offers large windows, exterior access, and an existing business-oriented layout.
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: Existing bank or credit union configuration; Exterior entrance with large windows and street exposure; Open, built‑out interior suitable for medical, retail, service, office, or banking use
More about this property
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