BMN Boston

Get our mobile app!

Download on the App Store

4 Lake Street, Peabody MA 01960

Peabody, MA 01960 • West Peabody
$72,000
Est. $564/month
57,000
Lot Sq Ft
2004
Year Built
34
Days on Market
Closed Listed Dec 4, 2023 • MLS# 73184804 Copied!

About this home

This is a fantastic opportunity for anyone interested in the bakery business! Owning or leasing to own a profitable bakery with an established customer base and the support of the current owner and employees can be a great way to start or expand a bakery venture. Here are some key points to consider:1.Ownership Options: You have the option to either buy the bakery outright or choose a lease-to-own arrangement. This flexibility can suit different financial situations and business goals.2.Retiring Owner: The fact that the current owner is looking to retire indicates that the bakery is likely a well-established and successful business. This can provide a stable foundation for a new owner.3.Full Inventory and Customer List: Having access to a detailed inventory list and an existing customer base is a significant advantage.4.Financial Information: Tax returns available, Owner Training, Employee Continuity, Favorable lease terms $3,600/ Mo for 2000 sf. Option 2 buy it outright !

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Listing Type
Business Opportunity
Year Built
2004

Sale Statistics

Sale Overview
Original List Price: $149,900
Final Sale Price: $72,000
Difference: $77,900 (-52.0%)
Performance Metrics
48.0%
List to Sale Ratio
Sold below asking price
34
Days on Market
Average time
Sale Summary

This property sold for 52.0% below the original asking price.

The property spent 34 days on market before selling.

Facts & Features

Home Facts

Type Business Opportunity
Year Built 2004
Lot Size 57,000 sq ft

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction Masonry
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, Natural Gas Available

Financial

No financial details available

Interior Features

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

Construction & Materials

Year Built: 2004
Structure Type:
Exterior Materials: Masonry
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

Loading map...

Neighborhood

West Peabody

4 Lake Street, Peabody MA 01960

Peabody, MA 01960

Walkability

Loading Walk Score...

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
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.

Property History

Market Insights

99.9%
Price Range
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73505739
Full transaction history available when tracking began
🏡
Currently Listed
Apr 22, 2026
$2,200
MLS #73505739 - Active
Previous Transaction - MLS #73214626
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 26, 2024
$2,700,000
MLS #73214626
Sold
Jan 8, 2024
$72,000
Property sold
🏠
Listed for Sale
Dec 4, 2023
$149,900
Original listing
Agent: Frank Pasciuto Office: Pasciuto and Associates

Price & Status History

Date Event Price Change
Apr 26, 2026 Sold $2,200
Jun 26, 2024 Sold $2,700,000
Dec 4, 2023 New Listing Added $149,900

Market Statistics

Days on Market
34 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
Tax history not available

Listing Information

Listing Office Pasciuto and Associates
Agent MLS ID B0367814
Office MLS ID AN6511
Listing Data Updated Jan 12, 2024 2:21 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Peabody, MA

Real-time market trends and pricing data for this area

4 Lake Street, Peabody MA 01960 - Photo 1 4 Lake Street, Peabody MA 01960 - Photo 2 4 Lake Street, Peabody MA 01960 - Photo 3 4 Lake Street, Peabody MA 01960 - Photo 4 4 Lake Street, Peabody MA 01960 - Photo 5 4 Lake Street, Peabody MA 01960 - Photo 6 4 Lake Street, Peabody MA 01960 - Photo 7 4 Lake Street, Peabody MA 01960 - Photo 8 4 Lake Street, Peabody MA 01960 - Photo 9 4 Lake Street, Peabody MA 01960 - Photo 10 4 Lake Street, Peabody MA 01960 - Photo 11 4 Lake Street, Peabody MA 01960 - Photo 12 4 Lake Street, Peabody MA 01960 - Photo 13 4 Lake Street, Peabody MA 01960 - Photo 14 4 Lake Street, Peabody MA 01960 - Photo 15 4 Lake Street, Peabody MA 01960 - Photo 16
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour