48-49A Lowell St, Peabody MA 01960

Peabody, MA 01960

$1,500,000

Est. $8,922/month

2,718

Sq Ft

$552

Price/Sq Ft

0.32

Acres

2005

Year Built

382

Days on Market

Active Listed Feb 4, 2025 • MLS# 73332303 Copied!

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About this home

Unique investment opportunity with eminent potential! Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor. Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development. Buyer/buyer's Agent to perform your own due diligence.

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Property Overview

Listing Type

Commercial Sale

Year Built

2005

Living Area

2,718 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 2005

Living Area 2,718 sq ft

Lot Size 0.32 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

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

Annual Tax $13,642

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 2005

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:

Location

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Neighborhood

48-49A Lowell St, Peabody MA 01960

Peabody, MA 01960

Walkability

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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

E

Elementary Schools

10 schools

Covenant Christian Academy

3.9 mi

Grades PK-12

The Recreational Education Center, LLC

3.9 mi

Grades PK-12

F

Peabody Personalized Remote Education Program (Peabody P.R.E.P.)

5.1 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-

William A Welch Sr School

0.6 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

C

Thomas Carroll School

0.7 mi | #611 of 824 | Score: 40.2

Improved 128 spots from last year

-18 below state avg

645 students Diverse

Rising School Diverse Student Body

Grades PK-05

C-

Center School

0.8 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

1.2 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

1.7 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

John E. McCarthy School

3.7 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

4.5 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

M

Middle Schools

1 school

C+

J. Henry Higgins Middle School

0.6 mi | #240 of 352 | Score: 37.2

Improved 5 spots from last year

-21 below state avg

1,320 students Diverse

Grades 06-08

H

High Schools

2 schools

Bishop Fenwick High School

1.1 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

C

Peabody Veterans Memorial High School

2.6 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

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Loan Term 30 years 15 years

Monthly Payment Breakdown

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Property Tax $1,137

Homeowners Insurance $200

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Interest

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Feb 4, 2025

$1,500,000

Original listing

Agent: Rosa DeCastro Office: Lynnway Associates

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
02/04/2025	🏠 Listed for Sale	$1,500,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Feb 4, 2025	New Listing Added	$1,500,000	—

Market Statistics

Days on Market

382 days

Price per Sq Ft

$552

Tax History

Year	Taxes	Assessment
2024	$13,642	—

Financial Details

Annual Property Tax

$13,642

Tax Year 2024

Listing Information

Agent MLS ID CN238628

Office MLS ID AN7887

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.