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PRIME PEABODY COMMERCIAL OPPORTUNITY! Exceptional visibility and exposure along a major Peabody business corridor, conveniently located near Route 1, I-95, and Route 128. This freestanding 4,640 SF commercial building sits on a generous 12,502 SF lot with 23 on-site parking spaces and excellent street presence. The property has been successfully operated as a long-established dry-cleaning business and offers an excellent opportunity for an owner-user, investor, or business operator. Potential uses include restaurant/caf, professional or medical office, fitness/wellness center, daycare/childcare, retail, personal service, and other commercial uses. With approximately 65,000 vehicles passing daily, this property offers outstanding visibility, accessibility, parking, and flexibility. A rare opportunity to own a substantial commercial property in a highly desirable North Shore location.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 2103061

Tax Information

  • Tax Year 2025
  • Taxes$10,651

Rooms

  • Bathroom2

Basic Information

  • List Price$1,750,000
  • MLS Number73552840
  • Modification Date08/11/2026

Location

  • Address37 Margin Street
  • Building Number37
  • CountyEssex
  • StateMA
  • StreetMargin Street
  • TownPeabody
  • Zip01960

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1992

Property

  • Acreage0.29

Exterior

  • RoofShingle

Property Information

  • Living Area 4,640
  • Lot Size Square Feet 12,502
  • Lot Size Units Acres
  • Square Feet4,640

Legal

  • ZoningR1A
  • Zoning Description Legal Conforming

Other

  • Date Listed07/21/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Anna Jung of K Stadium Realty INC

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