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5 Central Street is a 100+ seat restaurant that will need very little to re-open its doors. The Rosenfelt Building is a prime downtown hotspot, directly across the street from the Peabody Municipal Courthouse and has four (4) municipal parking lots just steps from its front entrance. The location has had a history of successful endeavors, most notably Mike & Lill's Black Sheep Pub & Grille and current occupant The NexMex Thing. The floor space is 5,640 +/- square feet in size and features a full service kitchen, two (2) handicap accessible restrooms, a very attractive dining room and separate bar area. There is basement space in the lower level with a walk-in already in place, dry storage, food preparation and service. Location is just two miles from the North Shore Shopping Center and on the major route between Route 128 N/S and downtown Historic Salem.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number M:0085 B:0022,2105793

Tax Information

  • Tax Year 2025
  • Taxes$19,195

Basic Information

  • List Price$5,300
  • MLS Number73500611
  • Modification Date04/17/2026

Location

  • Address5 Central Street
  • Building Number5
  • CountyEssex
  • StateMA
  • StreetCentral Street
  • TownPeabody
  • Zip01960

Building

  • Building Area Units Square Feet
  • Year Built1900

Property

  • Acreage0.21

Property Information

  • Living Area 5,640
  • Lot Size Square Feet 8,999
  • Lot Size Units Acres
  • Square Feet5,640

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningBC
  • Zoning Description Other (See Remarks)

Other

  • Date Listed04/13/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Colleen Cohan of The Mega Group

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