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251 Andover St, Peabody MA 01960

Peabody, MA 01960
$35
Est. $1,641/month
2,716
Sq Ft
$0
Price/Sq Ft
0.25
Acres
2019
Year Built
125
Days on Market
Active Listed Oct 22, 2025 • MLS# 73446751 Copied!

About this home

Modern, freestanding mixed-use building for lease on highly traveled Rt 114 in Peabody. This striking, contemporary space offers exceptional exposure and signage visibility with an average daily count of 40,000–45,000 vehicles per day. Positioned along one of the North Shore’s most active commercial corridors, the property provides outstanding brand visibility and convenient access. The location connects Danvers, Peabody, and Salem, ensuring a steady flow of customers and commuters throughout the day. With its clean, modern design, ample parking, and prominent street presence, this property is ideal for a variety of business types, including retail showrooms, professional offices, medical or wellness practices, boutique fitness studios, or specialty service providers. Businesses seeking a high-impact location that projects professionalism and captures maximum drive-by exposure will find this property unmatched in convenience, visibility, and curb appeal.

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Property Overview

Listing Type
Commercial Lease
Year Built
2019
Living Area
2,716 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 2019
Living Area 2,716 sq ft
Lot Size 0.25 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $17,295

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2019
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

251 Andover St, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School District
Peabody School District local
C
✓ School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
↓ 3.4% below state avg
E

Elementary Schools

10 schools
Covenant Christian Academy
2.6 mi
Grades PK-12
The Recreational Education Center, LLC
2.6 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
3.7 mi | #346 of 346 | Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students Diverse
Rising School
Grades K-12
C-
Center School
1.4 mi | #731 of 824 | Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students Diverse
Diverse Student Body
Grades PK-05
C
Thomas Carroll School
2.1 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
A-
South Memorial School
2.3 mi | #235 of 824 | Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students Moderate
Rising School
Grades PK-05
C-
William A Welch Sr School
2.4 mi | #666 of 824 | Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students Diverse
Rising School
Grades K-05
C
John E. McCarthy School
2.6 mi | #612 of 824 | Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students Diverse
Diverse Student Body
Grades K-05
B-
Captain Samuel Brown School
2.9 mi | #482 of 824 | Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students Diverse
Rising School
Grades K-05
B+
West Memorial School
3.1 mi | #284 of 824 | Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students Moderate
Rising School
Grades PK-05
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
1.7 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

2 schools
C
Peabody Veterans Memorial High School
1.2 mi | #251 of 346 | Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
Bishop Fenwick High School
2.0 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,441
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Oct 22, 2025
$35
Original listing
Agent: Melanie Lentini Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Oct 22, 2025 New Listing Added $35 —

Market Statistics

Days on Market
125 days
Price per Sq Ft
$0

Tax History

Year Taxes Assessment
2025 $17,295 —

Financial Details

Annual Property Tax
$17,295
Tax Year 2025

Listing Information

Listing Agent Melanie Lentini
Listing Office Leading Edge Real Estate
Agent MLS ID B9500513
Office MLS ID AN4643
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Peabody, MA

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