48-49-49A Lowell St, Peabody MA 01960

Peabody, MA 01960
$2,500,000
Est. $14,798/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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0.40
Acres
1950
Year Built
20
Days on Market
For Sale Listed Aug 24, 2026 • MLS# 73567425 Copied! • Updated Aug 28, 2026

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About this home

A unique commercial real estate investment opportunity. Offering a package of three properties located in a high-visibility, high-traffic area, which presents excellent potential for expansion and development. The package includes: 49 Lowell Street: A two-level brick office building, 49A Lowell Street a separate, fully equipped restaurant with the potential to add an additional floor, at 48 Lowell Street a parking lot located across the street that accommodates approximately 20+ cars, offering further development potential. All three properties are located in a BC zoning. Seller financing is available. Buyer or buyer's agent is responsible for performing their own due diligence. Schedule a viewing Today!

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Property History

Property Timeline

🏠
Listed for Sale
Aug 24, 2026
$2,500,000
Original listing
Agent: Rosa DeCastro Office: Lynnway Associates

Tax History

Year Taxes Assessment
2025 $23,483

Financial Details

Annual Property Tax
$23,483
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1950
Lot Size 0.40 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

Financial

Annual Tax $23,483
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Sellers Financing Is Available.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1950

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1950
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
C
William A Welch Sr School
0.6 mi | #661 of 825 | Score: 37.8
Improved 129 spots from last year
-20.4 below state avg
400 students Diverse
Rising School
Grades K-05
C
Thomas Carroll School
0.7 mi | #605 of 825 | Score: 40.6
Improved 134 spots from last year
-17.6 below state avg
562 students Diverse
Rising School Diverse Student Body
Grades PK-05
C-
Center School
0.8 mi | #687 of 825 | Score: 36.5
Dropped 307 spots from last year
-21.7 below state avg
281 students Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
C+
J. Henry Higgins Middle School
0.6 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
B-
Collins Middle School
1.5 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
B-
Holten Richmond Middle School
2.8 mi | #185 of 352 | Score: 41.7
Dropped 14 spots from last year
-16.5 below state avg
734 students Moderate
Grades 06-08
H

High Schools

3 schools
Bishop Fenwick High School
1.1 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B+
Salem High School
1.7 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
B+
Salem Academy Charter School
2.3 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,957
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

48-49-49A Lowell St, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Rosa DeCastro
Listing Office Lynnway Associates
Office Phone 781-558-8518
Agent MLS ID CN238628
Office MLS ID AN7887
Listing Data Updated Aug 28, 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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Steve Novak Real Estate
Steve Novak Real Estate
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