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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 may be able to terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 - 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number M:0085 B:0028

Tax Information

  • Tax Year 2025
  • Taxes$15,390

Rooms

  • Bathroom6

Basic Information

  • List Price$2,750,000
  • MLS Number73487398
  • Modification Date03/20/2026

Location

  • Address46-48 Walnut Street
  • Building Number46-48
  • CountyEssex
  • StateMA
  • StreetWalnut Street
  • TownPeabody
  • Zip01960

Building

  • Building Area Units Square Feet
  • Year Built1930

Property

  • Acreage0.16

Property Information

  • Living Area 10,231
  • Lot Size Square Feet 6,839
  • Lot Size Units Acres
  • Square Feet10,231

Legal

  • ZoningGBD
  • Zoning Description Other (See Remarks)

Other

  • Date Listed03/17/2026
  • Farm Land Area Units Square Feet
  • View Count6

Map Location

Driving Directions

Listed by Helena Araujo of eXp Realty

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