37 Margin Street, Peabody MA 01960

Peabody, MA 01960
$1,750,000
Est. $9,937/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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4,640
Sq Ft
$377
Price/Sq Ft
0.29
Acres
1992
Year Built
61
Days on Market
For Sale Listed Jul 21, 2026 • MLS# 73552840 Copied! • Updated Aug 11, 2026

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About this home

PRIME PEABODY COMMERCIAL OPPORTUNITY! Exceptional visibility and exposure along a major Peabody business corridor, conveniently located near Route 1, I-95, and Route 128. This freestanding 4,640 SF commercial building sits on a generous 12,502 SF lot with 23 on-site parking spaces and excellent street presence. The property has been successfully operated as a long-established dry-cleaning business and offers an excellent opportunity for an owner-user, investor, or business operator. Potential uses include restaurant/café, professional or medical office, fitness/wellness center, daycare/childcare, retail, personal service, and other commercial uses. With approximately 65,000 vehicles passing daily, this property offers outstanding visibility, accessibility, parking, and flexibility. A rare opportunity to own a substantial commercial property in a highly desirable North Shore location.

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Property History

Property Timeline

🏠
Listed for Sale
Jul 21, 2026
$1,750,000
Original listing
Agent: Anna Jung Office: K Stadium Realty INC

Tax History

Year Taxes Assessment
2025 $10,651

Financial Details

Annual Property Tax
$10,651
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1992
Living Area 4,640 sq ft
Lot Size 0.29 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
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, Natural Gas Available

Financial

Annual Tax $10,651
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer And Buyers Agent Are Responsible For Conducting All Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1992
Living Area
4,640 sq ft

Floor Layout

Interior Features

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

Construction & Materials

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

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
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Sewer:
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Exterior & Lot

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Patio & Porch:
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Lot Features:
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Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
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
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $888
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

37 Margin Street, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Anna Jung
Listing Office K Stadium Realty INC
Office Phone 617-780-1675
Agent MLS ID CT000579
Office MLS ID AN7436
Listing Data Updated Aug 11, 2026 4:27 PM 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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Steve Novak Real Estate
Steve Novak Real Estate
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