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4 Lake St, Peabody MA 01960

Peabody, MA 01960
$2,200
Est. $2,765/month
600
Sq Ft
$4
Price/Sq Ft
1.85
Acres
1960
Year Built
15 hours 12 minutes
Time on Market
Active Listed Apr 22, 2026 • MLS# 73505739 Copied!

About this home

Retail / office Space for LeaseHighly visible end-cap retail space available in a well-established 7-unit neighborhood strip center. This location benefits from steady local traffic and a strong mix of long-standing tenants, including a bakery, driving school, tattoo studio, nail salon, barber shop, and take-out Chinese restaurant—creating consistent daily foot traffic.The unit has been recently renovated with new flooring, updated bathroom, and new ceiling tiles, offering a clean, turnkey space suitable for a wide range of retail or service uses.Property Highlights:End-cap unit with excellent visibility and natural lightPrime location on the Peabody / Lynnfield lineStrong co-tenancy driving repeat neighborhood businessAmple on-site parking for customers and staffUpdated interior – move-in ready conditionFlexible layout adaptable to many business typesThis is a solid, practical location.

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Property Overview

Listing Type
Commercial Lease
Year Built
1960
Living Area
600 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1960
Living Area 600 sq ft
Lot Size 1.85 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 $30,645

Interior Features

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

Construction & Materials

Year Built: 1960
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

4 Lake 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
0.4 mi
Grades PK-12
The Recreational Education Center, LLC
0.4 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
0.9 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
B+
West Memorial School
0.4 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
C
John E. McCarthy School
0.7 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+
John E Burke School
1.3 mi | #298 of 824 | Score: 50.9
Improved 239 spots from last year
-7.3 below state avg
294 students Moderate
Rising School
Grades K-05
C-
Center School
3.4 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
A-
South Memorial School
3.7 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
B-
Captain Samuel Brown School
4.1 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
C-
William A Welch Sr School
4.4 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
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
3.7 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
1.7 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
4.7 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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After down payment
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Over life of loan
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,554
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
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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

Market Insights

99.9%
Price Range
2
Previous Sales

Property Timeline

🏠
Listed for Sale
Apr 22, 2026
$2,200
Original listing
Agent: Raymond Pasciuto Office: Pasciuto and Associates
Previous Transaction - MLS #73214626
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 26, 2024
$2,700,000
MLS #73214626
Previous Transaction - MLS #73184804
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 8, 2024
$72,000
MLS #73184804

Price & Status History

Date Event Price Change
Apr 22, 2026 New Listing Added $2,200
Jun 26, 2024 Sold $2,700,000
Jan 8, 2024 Sold $72,000

Market Statistics

Time on Market
15 hours 12 minutes
Price per Sq Ft
$4

Tax History

Year Taxes Assessment
2025 $30,645

Financial Details

Annual Property Tax
$30,645
Tax Year 2025

Listing Information

Listing Agent Raymond Pasciuto
Listing Office Pasciuto and Associates
Agent MLS ID CN242330
Office MLS ID AN6511
Listing Data Updated Apr 22, 2026 2:58 PM EDT
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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