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$3,400,000
37 Days Online

4 Lake St
Peabody, MA 01960

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
7,360
SqFt
$462
/SqFt
1960
Built
County:
Essex

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(978) 927-1959
4 Lake St4 Lake St4 Lake St4 Lake St
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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.

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Listing Snapshot
Price 
$3,400,000
Days Online 
37 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,360 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.85 Acres
Year Built 
1960
MLS® Number 
73214626
Status 
Active
Property Tax 
$25,283
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking Spaces 
45
Acreage 
1.85
Zoning 
BN
Buyer Agent Compensation 
1
Facilitator Compensation 
1
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Exterior Features
Waterfront Property 
No
Community Features
Senior Community 
No
Adult Care Community 
No
Listing courtesy of Frank Pasciuto of Pasciuto and Associates



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-04-27 05:45 PM UTC

Neighborhood & Commute
Source: Walkscore
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