Listing Tools

Great property right off Route 1 in Peabody for sale! Owner operator has small office and nicely done two bed 2 bath 3500SF home included in the property sale. Solid existing tenants with long term leases going into 2033 with option years. New owner can enjoy great rental income from the Mini-Storage business with existing below market price and get financial boost from moving the 176 units' rent to market pricing. Also has great development potential for any developers seeking to expand onto residential ground-up development. There's also a Class II Auto Dealer license for additional consideration if buyer is interested, very limited amount in the City of Peabody.

More Info

Basic Information

  • Gross Income $529,512
  • Mls StatusActive
  • Parcel Number M:0036 B:0021,23726062

Tax Information

  • Tax Year 2025
  • Taxes$66,570

Basic Information

  • List Price$10,000,000
  • MLS Number73575777
  • Modification Date09/17/2026

Location

  • Address3 Bourbon Street
  • Building Number3
  • CountyEssex
  • StateMA
  • StreetBourbon Street
  • TownPeabody
  • Zip01960

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available, 110 Volts
  • Year Built1972

Property

  • Acreage2.39

Property Information

  • Lot Size Square Feet 104,108
  • Lot Size Units Acres

Legal

  • ZoningBR
  • Zoning Description Legal Conforming

Other

  • Date Listed09/11/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jenna DeRose of NextGen Realty,Inc.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Castles Unlimited. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.