There are multiple listings for this address:
MLS #73426593 image #0MLS #73426593 image #1MLS #73426593 image #2MLS #73426593 image #3MLS #73426593 image #4MLS #73426593 image #5MLS #73426593 image #6MLS #73426593 image #7MLS #73426593 image #8MLS #73426593 image #9MLS #73426593 image #10MLS #73426593 image #11MLS #73426593 image #12MLS #73426593 image #13MLS #73426593 image #14MLS #73426593 image #15MLS #73426593 image #16MLS #73426593 image #17MLS #73426593 image #18
Exceptional mixed-use opportunity in Peabody’s downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer’s request, the seller can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 – 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.
Current real estate data for Commercial in Peabody as of Oct 28, 2025
5
Commercial Listed
135
Avg DOM
431
Avg $ / SqFt
$1,900,000
Avg List Price

Property Details

Price:
$3,750,000
MLS #:
73426593
Status:
Active
Beds:
0
Baths:
6
Type:
Commercial
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Sep 5, 2025
Finished Sq Ft:
6,840
Total Sq Ft:
6,840
Lot Size:
6,839 sqft / 0.16 acres (approx)
Year Built:
1930

Schools

Interior

Bathrooms
5 Full Bathrooms

Exterior

Construction Materials
Frame, Brick
Roof
Shingle, Rubber

Financial

Tax Year
2025
Taxes
$15,391

Map

Contact Us

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Community

Property Summary

    46-48 Walnut St Peabody MA is a Commercial for sale in Peabody, MA, 01960. It is listed for $3,750,000 To schedule a showing of MLS#73426593 at 46-48 Walnut St in Peabody, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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broker reciprocity
MLS# 73241680broker reciprocity
483 Highland Ave
Salem, MA

$2,900,000

2.5 miles away

CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
46-48 Walnut St
Peabody, MA
MLS #73442456 image #0MLS #73442456 image #1MLS #73442456 image #2MLS #73442456 image #3MLS #73442456 image #4MLS #73442456 image #5MLS #73442456 image #6MLS #73442456 image #7MLS #73442456 image #8MLS #73442456 image #9MLS #73442456 image #10MLS #73442456 image #11MLS #73442456 image #12MLS #73442456 image #13MLS #73442456 image #14MLS #73442456 image #15MLS #73442456 image #16MLS #73442456 image #17MLS #73442456 image #18
Exceptional mixed-use opportunity in Peabody’s downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer’s request, the seller can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 – 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.
Current real estate data for Multi Family in Peabody as of Oct 28, 2025
5
Multi Family Listed
135
Avg DOM
431
Avg $ / SqFt
$1,900,000
Avg List Price

Property Details

Price:
$3,750,000
MLS #:
73442456
Status:
Active
Beds:
5
Baths:
5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Oct 10, 2025
Finished Sq Ft:
6,840
Total Sq Ft:
6,840
Lot Size:
6,839 sqft / 0.16 acres (approx)
Year Built:
1930
Units:
5

Schools

Interior

Bathrooms
5 Full Bathrooms

Exterior

Construction Materials
Frame, Brick
Roof
Shingle, Rubber

Financial

Tax Year
2025
Taxes
$15,391

Map

Contact Us

Send
  

Mortgage Calculator

 

Community

Property Summary

    46-48 Walnut St Peabody MA is a Multi Family for sale in Peabody, MA, 01960. It is listed for $3,750,000 To schedule a showing of MLS#73442456 at 46-48 Walnut St in Peabody, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

Similar Listings Nearby

broker reciprocity
MLS# 73434528broker reciprocity
40 & 40R Stone St
Beverly, MA

$4,000,000

2.5 miles away

broker reciprocity
MLS# 73430774broker reciprocity
374-378 Washington St
Lynn, MA

$3,100,000

4.5 miles away

CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James