$225,000
About this home
NEW PRICE – $25,000 PRICE IMPROVEMENT! Opportunity knocks at 160 Lynn Street! This completely renovated, free-standing commercial building offers a unique opportunity for an owner-user, entrepreneur or investor looking for an affordable space to make their own. Cute as a button inside and out, the property features a flexible interior layout, outdoor patio/yard area, walk-up service window and 2-car parking in the rear. Ideally located on busy Lynn Street connecting Peabody and Lynn, just steps from Brown Elementary School with excellent visibility and neighborhood foot traffic. Recently operated as an ice cream, pizza and hot dog shop, but the possibilities extend well beyond the existing use. Business equipment may be purchased separately, offering the next owner the flexibility to continue the current concept or bring an entirely new vision to the space. Why rent when you can own?
Property details
- MLS #
- 73542479
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 104
- On market date
- June 26, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.03 acres
Location
Get directions →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).
- Enrollment
- 362
- Student:teacher ratio
- 10.6:1
- District
- Peabody
- Enrollment
- 1,393
- Student:teacher ratio
- 13.8:1
- District
- Peabody
- 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).
Market position
How this listing compares to current activity in Peabody, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 14 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.