48-49A Lowell St, Peabody MA 01960

Peabody, MA 01960

$1,500,000

Est. $8,922/month

2,718

Sq Ft

$552

Price/Sq Ft

0.32

Acres

2005

Year Built

306

Days on Market

Active Listed Feb 4, 2025 • MLS# 73332303 Copied!

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About this home

Unique investment opportunity with eminent potential! Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor. Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development. Buyer/buyer's Agent to perform your own due diligence.

Property Overview

Listing Type

Commercial Sale

Year Built

2005

Living Area

2,718 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 2005

Living Area 2,718 sq ft

Lot Size 0.32 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 $13,642

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 2005

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

48-49A Lowell St, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

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Down Payment

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Down: $0

Interest Rate

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,137

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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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

Feb 4, 2025

$1,500,000

Original listing

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
02/04/2025	🏠 Listed for Sale	$1,500,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Feb 4, 2025	New Listing Added	$1,500,000	—

Market Statistics

Days on Market

306 days

Price per Sq Ft

$552

Tax History

Year	Taxes	Assessment
2024	$13,642	—

Financial Details

Annual Property Tax

$13,642

Tax Year 2024

Listing Information

Listing Agent Rosa DeCastro

Listing Office Lynnway Associates

Agent MLS ID CN238628

Office MLS ID AN7887

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.