46-48 Walnut St
Peabody, MA, 01960
$3,750,000
Exceptional mixed-use opportunity in downtown Peabody! 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 four 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 07, 2025
4
Commercial Listed
146
Avg DOM
444
Avg $ / SqFt
$1,937,500
Avg List Price
Property Details
Price:
$3,750,000
MLS #:
73426593
Status:
Active
Beds:
0
Baths:
6
Type:
Commercial
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
Exterior
Roof
Shingle
Financial
Tax Year
2025
Taxes
$15,391
Map
Contact Us
Mortgage Calculator
Community
- Address46-48 Walnut St Peabody MA
- CityPeabody
- CountyEssex
- Zip Code01960
Subdivisions in Peabody
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.
Similar Listings Nearby
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 JamesCourtesy of CAP Select Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
46-48 Walnut St
Peabody, MA