INNOVATE Real Estate
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 2 of 9
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 3 of 9
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 4 of 9
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 5 of 9
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 6 of 9
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 7 of 9
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 8 of 9
Commercial Sale at 37 Margin Street, Peabody MA 01960, Peabody, photo 9 of 9
9 photos

$1,750,000

37 Margin Street, Peabody MA 01960
Peabody, MA 01960
Listed by Anna Jung
Bedrooms
N/A
Bathrooms
N/A
Living area
4,640 sqft
Year built
1992

About this home

PRIME PEABODY COMMERCIAL REAL ESTATE & BUSINESS OPPORTUNITY! Excellent visibility along a major Peabody business corridor near Route 1, I-95, and Route 128. 4,640 SF commercial building on a 12,502 SF lot with 23 parking spaces. An established dry-cleaning business is included in the sale, offering an excellent opportunity for an owner-user or investor. Approximately 65,000 vehicles pass daily. Offered at $1,750,000. Buyer and buyer’s agent to conduct their own due diligence.

Property details

MLS #
73552840
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
79
On market date
July 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.29 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Thomas Carroll
0.21 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
553
Student:teacher ratio
15.8:1
District
Peabody
Middle
J Henry Higgins Middle
1.45 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,393
Student:teacher ratio
13.8:1
District
Peabody
High
Salem Prep High School
1.44 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
17
Student:teacher ratio
4.3:1
District
Salem

Walkability

Blended score for Peabody's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks8
Schools7
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Peabody, from live MLS data.

On the market 79 days -- 1 fewer days than Peabody's current average of 80 days.
For reference, the median list price across 211 active listings in Peabody right now is $480,000.

Mortgage calculator

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Est. monthly payment
$10,689/mo
$350,000 down
$1,400,000 loan
Principal & interest$9,080
Property tax (est.)$1,458
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.