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Excellent owner-user or investment opportunity! Prime freestanding commercial property located in one of Peabody's busiest commercial corridors with outstanding visibility and convenient access to Route 1, I-95, and Route 128. This 4,640± SF building is situated on a 12,502± SF lot and includes a 2,200± SF full basement, offering excellent flexibility for a variety of business operations. The property features 23 on-site parking spaces, exceptional street frontage, and exposure to approximately 65,000 vehicles per day. Currently owner-occupied as a long-established dry-cleaning business, the property is offered for sale only. The existing commercial use is legally conforming. Well suited for an owner-user, investor, or adaptive commercial reuse, subject to buyer's verification of zoning and intended use. Buyer to perform all due diligence regarding zoning, permitted uses, licensing, and future redevelopment potential-rare opportunity to acquire a highly visible commercial asset in a premier 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 Date08/07/2026

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

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningR1A
  • Zoning Description Legal Conforming

Other

  • Date Listed07/21/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Anna Jung of K Stadium Realty INC

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