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    OFF-MARKET
    Office Units

    24 Main St 6, Peabody, MA 01960

    Built 1900
    Entity Owned 1-yr Hold
    Property ID
    US38-2306942
    Property summary
    AI-generated overview

    Business suite leasing for Oct. 1 on the 2nd floor of a downtown professional building. This spacious office with 5+ rooms has been recently renovated with new flooring installed. The oversized windows look out onto Main Street and let in great natural light. The suite has two entrances for a versatile layout, and additional storage areas, including a walk-in closet in the largest private room. Perfect for small to medium businesses. Would work well for office use, as well as beauty or personal services or creative studio. Tons of options for this space – bring your ideas! Bathrooms are located on each floor of the building for use by tenants and their clients. Unassigned tenant parking is available on a first come, first served basis in addition to paid street and municipal lot parking. First month's rent and security deposit due with the lease. Tenant to pay $120/month for common area expenses (heat, trash, wifi, common area cleaning snow removal), and their own electric.

    Property profile
    Verified
    Property type Office Units
    Year built 1900
    UPID US38-2306942
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lisboa’s nails technician studio Nail Salon
    • Massachusetts Process Server Law Firm
    • STUDIO DERMAESTHETICS Medical Clinic
    • Bia cílios Hair Salon Nail Salon
    • Brazilian Beauty Spa Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Comm Invest II LLC · 1 yrs held
    Comm Invest II LLC
    since 2024
    3 recorded transactions
    2024
    $1.9M
    2021
    2017
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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