Entity Owned Property summary
The property at 39 Wallis Street in Peabody’s downtown district is a multi-building, long-established manufacturing facility covering approximately 1.91 acres. It contains about 84,266 square feet of space, with roughly 47,000 square feet on the first floor configured for office space along with warehouse storage and manufacturing areas. The remainder of the building space is multi-story and is served by a freight elevator, while the first floor is accessible through multiple loading positions, including six at-grade doors and two tailboard loading docks. The site is located within about 2 miles of I-95/Route 128 and approximately 0.25 mile from Route 114. Permitted plans and secured approvals outline a redevelopment concept involving 132 mixed-use residential units with associated amenities and parking, supported by a high-density residential mixed-use development pathway.
Property profile
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Current use
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Travel Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
GBD General Business Downtown. To provide for office, retail, service and small-scale production businesses where noise and truck traffic impacts are minimal. Businesses should be primarily accessed by pedestrian, and pr…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
GBD · Peabody, MAGBD General Business Downtown. To provide for office, retail, service and small-scale production businesses where noise and truck traffic impacts are minimal. Businesses should be primarily accessed by pedestrian, and pr…
Zoning
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Zoning designation
Official district profile
GBD General Business Downtown. To provide for office, retail, service and small-scale production businesses where noise and truck traffic impacts are minimal. Businesses should be primarily accessed by pedestrian, and pr…
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