215 Newbury St Peabody, MA $ 120,000
215 Newbury St
$ 120,000
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215 Newbury St

Peabody, MA, 01960
$ 120,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 829

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Commercial Property for sale in Peabody, MA

for $120,000 with 1 full bath. This building was built in 1986.

Turnkey day spa opportunity at Peabody’s historic Hallmark Building. With nearly 40 years in business, the current owner is preparing to retire and pass Classic Faces Day Spa to a new operator. Open seven days a week, the business offers an established platform with room to expand its services. The approximately 1,872 SF space is located in a professionally managed building surrounded by established businesses, with more than 100 parking spaces and convenient access for clients and staff. The property also features two prominent monument signs along Route 1 and Lowell Street. The well-equipped layout includes multiple massage and treatment rooms with sinks, a dedicated tattoo room, a spray tan room, and a nail room with three manicure stations and three pedicure stations. Additional features include an in-unit bathroom and 3/4 shower, kitchenette, breakroom, supply room, an office, and in-unit stackable washer and dryer. The sale includes the established business name and reputation, current staff, a customer database developed over 40 years, strong Google reviews, and equipment, furnishings, and inventory reportedly valued at more than $200,000. Nearly $400,000 in annual sales with the current services offered, a new owner may have opportunities to add services like lash extensions, brow lamination, LED light therapy, nail enhancements, and Medical-aesthetic services, including Botox and dermal fillers, subject to applicable licensing, medical oversight, and approvals. An assumable lease may be available, subject to landlord approval. Current rent is approximately $4,492 per month, with utilities included. The tenant pays for phone, cable/internet, business insurance, and janitorial service. No NNN or CAM charges are passed through to the tenant. The location offers convenient access from Route 1 northbound and from Route 1 southbound via Lowell Street. Common areas include multiple entrances, ADA accessible, 5 common bathrooms, on-site dumpster, vending machines, plus an owner operated interior and exterior camera security system. Reported traffic counts are approximately 40,000+/- vehicles per day on Route 1 and 23,000+/- on Lowell Street. This is a rare opportunity to take over an established spa with a loyal following, recognizable name, and substantial assets already in place.

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Commercial Active

Price

$ 120,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Beauty Services

Year Built

1986

Town/City

Peabody

County/Region

Essex

MLS | Web ID

73596561

List By
Team Lillian Montalto

Listing Agent

Lillian Montalto Signature Properties

Broker

Affordability Calculator

$829
Per Month
100%
0%
0%
Monthly Principal & Interest
$829
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/29/2026$120,000 Listed Price

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215 Newbury St, Peabody, MA, 01960 is a Commercial Property for sale at $120,000. 215 Newbury St has 1.0 baths and was built in 1986. The property's zip code is 01960 which is in Peabody, MA