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49A Lowell St 2,718 SF Retail Building
About 49A LOWELL ST , PEABODY , MA 01960
| Price | Not Individually For Sale | Lot Size | 0.32 AC |
| Building Size | 2,718 SF | Tenancy | Single |
| Property Type | Retail | Parking Ratio | 7.36/1,000 SF |
| Property Subtype | Restaurant | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | Not Individually For Sale |
| Building Size | 2,718 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Building Class | C |
| Lot Size | 0.32 AC |
| Tenancy | Single |
| Parking Ratio | 7.36/1,000 SF |
| Opportunity Zone |
Yes |
Executive Summary
A unique investment opportunity in downtown Peabody, Massachusetts, parking lot at 48 Lowell Street containing approximately 0.25 acres with future development possibilities. The restaurant features approximately 2,718 square feet, one story, public water and sewer service, and parking for up to 20 vehicles. Located with convenient access to Route 128, public transportation, and downtown amenities, the property presents an opportunity for investors seeking an income-producing asset with additional value-add and expansion potential, including the possibility of adding another floor to the restaurant building.
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