Share This Listing

Message

968 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Standalone mixed-use building
  • Existing successful cafe
  • Loading dock
  • High foot and auto traffic road in downtown
  • 13 private off-street parking spaces

Executive Summary

Rare standalone mixed-use opportunity in downtown Peabody. Currently operating as a successful café, the commercial space features a spacious dining area, service counter, bakery/café setup, and two restrooms. The lower level is fully equipped for food service operations with a walk-in refrigerator, walk-in freezer, prep kitchen, pastry room, office, bathroom, multiple storage rooms, and additional support space. Above the commercial space is a large residential unit offering 6 bedrooms and 2 full baths. Formerly configured as two separate apartments, the residence was combined into one expansive unit. Well-positioned on Main Street with excellent visibility and ample off-street parking, this unique property is ideal for those seeking a mixed-use asset with both established commercial and residential components.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
7,728 SF
Building Class
B
Year Built/Renovated
1830/2024
Price
$2,698,399 CAD
Price Per SF
$349.17 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
2,576 SF
Building FAR
1.11
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
BC
Parking
13 Spaces (1.68 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Storage Space
  • Smoke Detector
  • Cafe
Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
PEAB-000085-000000-000075
Land Assessment
$409,020 CAD (2025)
Improvements Assessment
$926,971 CAD (2025)
Total Assessment
$1,335,992 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41203843

  • Date on Market: 2026-07-08

  • Last Updated:

  • Address: 98 Main St, Peabody, MA 01960

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}