160 Lynn Street, Peabody MA 01960 - Preview 1 160 Lynn Street, Peabody MA 01960 - Preview 2 160 Lynn Street, Peabody MA 01960 - Preview 3
160 Lynn Street, Peabody MA 01960 - Preview 1 160 Lynn Street, Peabody MA 01960 - Preview 2 160 Lynn Street, Peabody MA 01960 - Preview 3

160 Lynn Street, Peabody MA 01960

Peabody, MA 01960
$269,900
$225,000
Est. $1,653/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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300
Sq Ft
$750
Price/Sq Ft
0.03
Acres
1992
Year Built
81
Days on Market
For Sale Price Drop -$44,900 Listed Jun 26, 2026 • MLS# 73542479 Copied! • Updated Aug 31, 2026

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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?

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
16.6%
Price Range

Property Timeline

↓
Price Reduced
Aug 27, 2026
$225,000 $24,000 (-9.64%)
From $249,000 to $225,000 (-9.6%)
↓
Price Reduced
Aug 2, 2026
$249,000 $20,900 (-7.74%)
From $269,900 to $249,000 (-7.7%)
🏠
Listed for Sale
Jun 26, 2026
$269,900
Original listing
Agent: The Mavroules Team Office: Good Deeds Realty Partners

Tax History

Year Taxes Assessment
2025 $3,789 —

Financial Details

Annual Property Tax
$3,789
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1992
Living Area 300 sq ft
Lot Size 0.03 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $3,789
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1992
Living Area
300 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1992
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Peabody School District local
C-
✓ School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
↓ 3.4% below state avg
E

Elementary Schools

3 schools
B-
Captain Samuel Brown School
< 0.1 mi | #493 of 825 | Score: 44.9
Improved 28 spots from last year
-13.3 below state avg
375 students Diverse
Rising School
Grades K-05
B+
South Memorial School
0.6 mi | #271 of 825 | Score: 51.7
Improved 234 spots from last year
-6.5 below state avg
446 students Moderate
Rising School
Grades PK-05
B-
Lynn Woods School
1.3 mi | #472 of 825 | Score: 45.4
Improved 41 spots from last year
-12.8 below state avg
172 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
C+
J. Henry Higgins Middle School
1.4 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
C+
Pickering Middle School
1.5 mi | #229 of 352 | Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students Diverse
Rising School
Grades 06-08
B-
Collins Middle School
2.4 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B+
Salem High School
2.1 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
D
Lynn English High School
2.1 mi | #315 of 346 | Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
A-
Swampscott High School
2.6 mi | #101 of 346 | Score: 60.3
Dropped 69 spots from last year
+2.1 above state avg
675 students Moderate
18 sports • 1,578 athletes
Strong AP Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $316
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

160 Lynn Street, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent The Mavroules Team
Listing Office Good Deeds Realty Partners
Office Phone 978-423-4654
Agent MLS ID TM003900
Office MLS ID AN7338
Listing Data Updated Aug 31, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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