3 Bourbon St Peabody, MA $ 9,000,000
3 Bourbon St
$ 9,000,000
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3 Bourbon St

Peabody, MA, 01960
$ 9,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 56,827

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Commercial Property for sale in Peabody, MA

for $9,000,000. This building was built in 1972 on a lot size of 2.39.

Great property right off Route 1 in Peabody for sale! Owner operator has small office and nicely done two bed 2 bath 3500SF home included in the property sale. Solid existing tenants with long term leases going into 2033 with option years. New owner can enjoy great rental income from the Mini-Storage business with existing below market price and get financial boost from moving the 176 units' rent to market pricing. Also has great development potential for any developers seeking to expand onto residential ground-up development. There's also a Class II Auto Dealer license for additional consideration if buyer is interested, very limited amount in the City of Peabody.

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Commercial Active

Price

$ 9,000,000

Property Type

Commercial

Taxes

$ 66,570

Style

Lot Size

2.39

Year Built

1972

Town/City

Peabody

County/Region

Essex

MLS | Web ID

73575777

List By
Jenna DeRose

Listing Agent

Nextgen Realty, Inc.

Broker

Affordability Calculator

$62,374
Per Month
91%
9%
0%
Monthly Principal & Interest
$56,827
Monthly Property Taxes
$5,548
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Pricing History
DatePricePrice ChangeDescription
9/29/2026$9,000,000 -10.00% Price Down
9/23/2026$10,000,000 Listed Price

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3 Bourbon St, Peabody, MA, 01960 is a Commercial Property for sale at $9,000,000 with a lot size of 2.39. 3 Bourbon St was built in 1972. The property's zip code is 01960 which is in Peabody, MA