Exceptional mixed-use opportunity in Peabody's downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer’s request, the seller can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include four residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.
6,840 Sq Ft
6,839 Sq Ft Lot Size
Commercial
$15,391 Annual Tax
Built in 1930
MLS/Listing ID 73426593
Shingle
Source of Data: MLS PROPERTY INFORMATION NETWORK
TOTAL MONTHLY COST
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