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    FOR SALE
    Office buildings

    49 Lowell St Peabody Peabody, MA 01960

    5,385 SF 0.07 ac lot Built 1950
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US38-2437941
    49 Lowell St,Unit Peabody, Peabody, MA 01960 For Sale 1 / 34
    $1,100,000 5,385 SF
    49 Lowell St,Unit Peabody, Peabody, MA 01960
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    Property summary
    AI-generated overview

    This exceptional commercial property, located at 49 Lowell Street in Peabody, Massachusetts, presents a compelling investment opportunity. The property consists of a beautiful brick building situated on a 0.07-acre lot. Currently, both units within the building are fully leased, generating a consistent and reliable income stream. This ensures a strong return on investment from day one, making it an attractive option for both seasoned and new investors. The property benefits from a highly desirable location in Peabody, offering excellent visibility and convenient access to major transportation routes, ensuring high traffic flow and potential for future growth. The building's solid construction and prime location contribute to its long-term value and stability. This turnkey investment requires minimal management, making it an ideal addition to any commercial real estate portfolio. The asking price is $1,200,000. This represents a significant opportunity to acquire a profitable, low-maintenance commercial property in a thriving market. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional investment. The property's current lease agreements provide a stable foundation for future growth and profitability. The location's accessibility and visibility are key factors contributing to its strong rental potential.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1950
    Construction FRAME
    Total area 5,385 SF
    Lot 0.07 ac (3,237 SF)
    Zoning code BC
    APN PEAB M:0085 B:0245-A
    UPID US38-2437941
    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
    • MetroKleen, Inc General Contractor Renovation Specialist
    • Stones by Crowne Building Supply
    • Glass By Crowne Hardware & Home Improvement Home Decor Store
    3 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $310k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $630k
    Blend (final) Blend
    $515k
    Owner & transaction history
    Tetost LLC · 8 yrs held
    Tetost LLC
    since 2017
    4 recorded transactions
    2017
    $450,000
    2015
    $300,000
    2013
    $600,000
    1987
    Price N/A
    Zoning & alternative use
    BC · Peabody, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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