For Sale
$1,200,000

49 Lowell St Peabody, MA 01960

High-yield, two-unit leased building.

Overview

Added:
Feb 3
Days on market:
76
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 Details for 49 Lowell St

Property type
Commercial real estate
Year Built
1950
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Peabody
County
Essex
State
Massachusetts
Latitude
42.52683
Longitude
-70.92944
49 Lowell St, Peabody, Massachusetts

FAQs

What type of property is this?
Commercial real estate - High-yield, two-unit leased building.
Where is the commercial real estate located?
The property is located at 49 Lowell St Peabody, MA.
What is the asking price?
The asking price for this property is $1,200,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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49 Lowell St
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