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.
| MLS # | 73487396 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 159 |
| Listing Provided By | eXp Realty LLC | Helena Araujo |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 10,231 |
| Story(s) | 5 |
| Units | 5 |
| Zoning | GBD |
| Acreage | 0.16 |
| Rooms Total | 15 |
|---|---|
| Interior Features | Living Room, Kitchen |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Roof | Shingle, Rubber |
|---|---|
| Construction Materials | Frame, Brick |
| Foundation Details | Other |
| Lot Features | Level |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|---|
| Electric | 220 Volts |
| Tax Annual Amount | 15390.98 |
|---|---|
| Tax Assessed Value | 809200 |
| Tax Year | 2025 |
| Community Features | Public Transportation, Park, Medical Facility, Laundromat |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Essex |
| City | Peabody |
| Zip Code | 01960 |
| Area | Essex |
| Listing VS Median (in 01960) | |
Price: $2,750,000 low | high Med: $542,450 sqft: 10,231 low | high Med: 1,239 $ / sqft: $269 low | high Med: $444 On site: 159 low | high Med: 37 | |
| State | MA |
|---|---|
| County | Essex |
| City | Peabody |
| Zip Code | 01960 |
| Area | Essex |
| Listing VS Median (in 01960) | |
Price: $2,750,000 low | high Med: $542,450 sqft: 10,231 low | high Med: 1,239 $ / sqft: $269 low | high Med: $444 On site: 159 low | high Med: 37 | |
![]() | $2,750,00046-48 Walnut StPeabody, MA 01960 |