Property Description
Unique investment opportunity with eminent potential! High visibility due to being located in a high traffic area. Three properties are being sold as a package. 49 Lowell Street (a 2-level brick office building), 49A Lowell Street (a separate and fully equipped restaurant) and located across the street 48 Lowell Street (parking lot for approx. 20 plus cars). Excellent for expansion & development with the possibility to add additional floors to the restaurant. Development potential at 48 Lowell Street parking lot. Buyer/buyer’s Agent to perform your own due diligence.
Location
MA
Essex
Peabody
01960
48-49-49A
Lowell St
Route 128 to Lowell St
W71° 4′ 12.3”
N42° 31′ 35.1”
48-49-49A Lowell St, Peabody MA 01960
48
School Information
Community Information
1
Additional Information
Unknown
Systems and Appliances
Home owner association information
Zoning/Tax Information
$19,399
2023
BC
0
Legal Conforming
Building Information
No
Paved
No
No
Features
: 20
No
Listing Agent/Office
Lynnway Associates
Rosa DeCastro
AN7887
CN238628
48-49-49A Lowell St, Peabody MA 01960 – For Sale
48-49-49A Lowell St, Peabody, Massachusetts 01960
17,351 Sqft
$2,499,000
Listing ID #73203165
Basic Details
Price : $2,499,000
Original List Price : $2,499,000
Listing Type : For Sale
Buyer Agency Compensation : 2
Listing ID : 73203165
Listing Category : Commercial
Listing Status : Active
Listing Sub-Status : Active
Days on Market : 87
Year Built : 1950
Lot Size : 17,351 Sqft
Lot Size (Acres) : 0.4
Disclosures : Lot size
Taxes & assessment value reflects total of all 3 properties combined. See attached documents.
List Date : 02/16/2024 04:21 PM
Last Status updated: : 02/16/2024 04:21 PM
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Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent