532 Lowell St Peabody, MA ^$ 1,700,000

532 Lowell St

^$ 1,700,000

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532 Lowell St

Peabody, MA, 01960

^$ 1,700,000

Studio Baths0.0 Sq 5,070

Monthly Estimate*

^$ 11,875

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Studio

Commercial Property for sale in Peabody, MA

for $1,700,000. This 5,070 square foot building was built in 1988 on a lot size of 0.27.

•Location: The building enjoys high visibility from Lowell Street, US-Route 1, and US-95. This strategic location offers great exposure for businesses operating within the building.• Lot Size and Building: The nearly 12,000 square foot, assessment value, and a certified development plot plan of 19,890 sq ft, lot is improved with a 5,070 square foot 3 story building. This ample space provides opportunities for various business operations and tenants.• Access and Traffic Regulation: Vehicle entrance to the property is facilitated by a traffic light, which helps regulate traffic flow from Bourbon Street and Lowell Street. This controlled access enhances convenience and safety for tenants and customers. •Current Tenants: leased to three tenants, indicating a stable income stream for the property owner .•Parking: Ample available on-site, ensuring convenience for tenants and customers. •Zoning: is BR, offering liberal flexibility for various uses •Potential For Drive Thru The location of t

Commercial Active

Price

^$ 1,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,162

Style

Commercial

Lot Size

0.27

Year Built

1988

Town/City

Peabody

County/Region

Essex

MLS | Web ID

73203648

List By

Frank Pasciuto

Listing Agent

Pasciuto And Associates

Broker

Affordability Calculator

$13,055

Per Month

Monthly Principal & Interest: $11,875
Monthly Property Taxes: $1,180
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Peabody, MA

Average List Price ^$1,329,766

Percent of Sale Price 22%

About Peabody, MA

54,399 Population

13% Since 2002

^$66,405 Median Income

45.92 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
2/20/2024	$1,700,000		Listed Price

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532 Lowell St, Peabody, MA, 01960 is a Commercial Property for sale at $1,700,000 with 5,070 sqft and a lot size of 0.27. 532 Lowell St is a studio with 0.0 baths and was built in 1988. The property's zip code is 01960 which is in Peabody, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/28/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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532 Lowell St

Commercial Property for sale in Peabody, MA

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