Melissa Urso
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Business Opportunity at 2 Andover Street, Peabody MA 01960, Peabody
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23 photos

$650,000

2 Andover Street, Peabody MA 01960
Peabody, MA 01960
Listed by Onnelly T. Parslow
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2021

About this home

BUSINESS OPPORTUNITY ONLY, REAL ESTATE NOT INCLUDED. Established full-service gas station and automotive repair and inspection business in a highly visible corner location on busy Andover Street. The station features two gas pumps, a spacious workshop, vehicle lifts, customer reception area and office/storage space. Dealer License for 15 cars. Strong visibility, convenient access and excellent potential for continued growth. Opportunity to add a convenience-store component, subject to required approvals. A generous ten-year lease may be available to the buyer. Business, equipment and leasehold interest only; details available upon execution of an NDA.

Property details

MLS #
73578420
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
8
On market date
September 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
22,660 sqft

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Thomas Carroll
0.62 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
0.86 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
2.03 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks9
Schools10
Transit stops19
Pharmacies3

Market position

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

On the market 8 days -- 71 fewer days than Peabody's current average of 79 days.
For reference, the median list price across 197 active listings in Peabody right now is $459,000.

Mortgage calculator

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

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Est. monthly payment
$4,064/mo
$130,000 down
$520,000 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 5 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.