194 Newbury Street, Peabody MA 01960
Peabody, MA 01960
$799,900
Est. $4,245/month
About this home
Exciting opportunity to own a Premier New England dancewear retail business with 40 years of success and a loyal regional customer base. Known for exceptional product quality, personalized service, highly regarded custom Pointe Shoe fittings, and strong partnerships with numerous dance studios, providing accurate guidance on studio specific dress codes. The business includes a well-stocked high value inventory of top-brand merchandise for dancers of all ages & several types of dance shoes as well as exceptional furniture, fixtures, display cabinets, stands, decor and equipment. Located in a highly visible prime location with over 4k customized sq ft adding to strong brand recognition. Lease is transferable. Supported by decades long vendor relationships ensuring consistent quality and reliable supply. Well positioned for multiple growth opportunities, including online retail, additional studio space, team rehearsal area, intensives, special feature choreographer events and much more!
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Property History
Property Timeline
Listed for Sale
Jul 10, 2026
$799,900
Original listing
Agent: Maria Salzillo
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/10/2026 | 🏠 Listed for Sale | $799,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| Tax history not available | ||
Facts & Features
Home Facts
Type
Business Opportunity
Year Built
1986
Lot Size
9,999,999 sq ft
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Brick, Frame, Masonry, Steel Siding
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
No financial details available
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
All Financial Information To Be Disclosed Upon Receipt Of Attached Fully Executed Non-disclosure Agreemnt, Proof Of Funds Or Financing Information Must Be Provided As Well.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
Investment Analysis, Tax Return, Accountant Provided, Owner Provided, May Show Books, Lease Agreement (6)
County
Essex
Property Overview
Listing Type
Business Opportunity
Year Built
1986
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1986
Structure Type:
Exterior Materials:
Brick, Frame, Masonry, Steel Siding
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:
Nearby Schools
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
Elementary Schools
10 schools
Covenant Christian Academy
0.8 mi
Grades PK-12
The Recreational Education Center, LLC
0.8 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
2.0 mi
|
#346 of 346
|
Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students
Diverse
Rising School
Grades K-12
C
John E. McCarthy School
0.8 mi
|
#612 of 824
|
Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students
Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
1.4 mi
|
#284 of 824
|
Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students
Moderate
Rising School
Grades PK-05
B+
John E Burke School
2.3 mi
|
#298 of 824
|
Score: 50.9
Improved 239 spots from last year
-7.3 below state avg
294 students
Moderate
Rising School
Grades K-05
C-
Center School
2.4 mi
|
#731 of 824
|
Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students
Diverse
Diverse Student Body
Grades PK-05
A-
South Memorial School
2.7 mi
|
#235 of 824
|
Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students
Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
3.1 mi
|
#482 of 824
|
Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students
Diverse
Rising School
Grades K-05
C-
William A Welch Sr School
3.4 mi
|
#666 of 824
|
Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students
Diverse
Rising School
Grades K-05
Middle Schools
1 school
C+
J. Henry Higgins Middle School
2.6 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
High Schools
2 schools
C
Peabody Veterans Memorial High School
0.6 mi
|
#251 of 346
|
Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students
Diverse
19 sports
• 1,614 athletes
Career Tech Programs
Strong Athletics
Grades 09-12
Bishop Fenwick High School
3.6 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
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Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
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
194 Newbury Street, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Agent
Maria Salzillo
Listing Office
LAER Realty Partners
Office Phone
978-777-5509
Agent MLS ID
C9501327
Office MLS ID
AN1202
Listing Data Updated
Jul 14, 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.
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