MA > Peabody
Peabody, MA 01960,46-48 Walnut St
Peabody, MA 01960,46-48 Walnut St
Peabody, MA 01960,46-48 Walnut St
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$2,900,000
Est. payment /mo
10,231 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,231 sqft

Price per Sqft $283

MLS Listing ID 73426593

HOA Y/N false

Year Built 1930

Annual Tax Amount $15,390

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Exceptional mixed-use opportunity in Peabody's downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer's request, the seller can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include four residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.

Location

State MA

County Essex

Zoning GBD

Direction Lowell St to Central St to Walnut St

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Shingle

Others

Senior Community false

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Listed by eXp Realty
BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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46-48 Walnut St