Commercial Sale at 48-49-49A Lowell St, Peabody MA 01960, Peabody
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33 photos

$2,500,000

48-49-49A Lowell St, Peabody MA 01960
Peabody, MA 01960
Listed by Rosa DeCastro
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

A unique commercial real estate investment opportunity. Offering a package of three properties located in a high-visibility, high-traffic area, which presents excellent potential for expansion and development. The package includes: 49 Lowell Street: A two-level brick office building, 49A Lowell Street a separate, fully equipped restaurant with the potential to add an additional floor, at 48 Lowell Street a parking lot located across the street that accommodates approximately 20+ cars, offering further development potential. All three properties are located in a BC zoning. Seller financing is available. Buyer or buyer's agent is responsible for performing their own due diligence. Schedule a viewing Today!

Property details

MLS #
73567425
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
45
On market date
August 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.4 acres
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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
William A Welch Sr
0.59 mi away · Grades -1-5
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
346
Student:teacher ratio
13.8:1
District
Peabody
Middle
J Henry Higgins Middle
0.57 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 High
1.69 mi away · Grades 9-12
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
803
Student:teacher ratio
8.2:1
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).

94
Highly walkable
out of 100
EPA National Walkability Index
17.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks13
Schools15
Transit stops20
Pharmacies3

Market position

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

On the market 45 days -- 35 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

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 28, 2026.

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.