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 4 - 1 BR 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.
46-48 Walnut St, Peabody MA 01960
Peabody, MA 01960
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| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/10/2025 | 🏠 Listed for Sale | $2,900,000 | - | - | Original listing |
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