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The Steve Bremis Team 617-828-1070

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The retail strip consists of 7 fully leased stores with a diverse mix of tenants, including a Greek Bakery, Tattoo Shop, Nail/Pedicure Salon, Driving School, Chinese Fast-Food Restaurant, Barbershop, and Physical Therapy Establishment. Convenient location on Lake Street, cornering Lowell Street, attracting customers from surrounding areas like West Peabody, Lynnfield, and Reading and more. Well-maintained property with ample parking and convenient access for deliveries. Fully leased properties ensure immediate income generation for investors, providing stability and cash flow. With the adjacent residential property also fully leased, investors benefit from diversified income streams. Given the prime location and zoning designation, there may be opportunities for future development or renovation to increase the value of the properties further. This property could be sold with MLS # 732114637 which is priced at $799,900.

Property Details of 4 Lake Street

Property Details

Location

  • Town: Peabody
  • County: Essex
  • State: MA
  • Zip: 01960

Interior Features

Interior Features

  • Square Feet: 7,360

Exterior Features

Exterior Features

  • Acreage: 1.85
  • Parking Spaces: 45

Map Location

Driving Directions

Listed by Frank Pasciuto of Pasciuto and Associates
73214626

Peabody, MA Demographics

4A61D2

There is no data available

73214626

Peabody, MA Real Estate Market Data

4A61D2 FF9900 DC3912

There is no data available

73214626

Peabody, MA Schools

School Name Distance Type Grades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network , Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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