Peek Inside The Main Street Building For Sale

PEABODY, MA – This recently renovated building has 10 occupied apartments and a street-level retail unit with the potential to become a restaurant.

• Address: 11 Main St, Peabody, Massachusetts
• Price: $1,850,000
• Square Feet: 10,472
• Bedrooms: 8
• Bathrooms: 10 Full and 2 Half Baths
• Built: 1890
• Features: Rarely offered downtown brick building in absolutely pristine condition. Ten apartments above one street retail unit and handicap accessible.

The second and third levels of this building were completely built out new in 2014 to include a brand new elevator, sprinklers throughout, newly installed triple-pane thermal windows and a new separately metered electric service. All utilities separate.

The apartments are fully occupied and the retail unit is vacant. The City of Peabody would love to see a restaurant or quality downtown use take the retail unit, a site specific full-liquor license is available to a qualified restaurateur. All inquiries kept confidential and should be serious qualified buyers.

The Mega Group has an extensive background in the disposition of like investment properties and we have lenders interested in this specific property. A non-disclosure agreement must be fully executed before any I&E data is available for review, no exceptions. Showings on weekdays only!

This listing originally appeared on realtor.com. For more information and photos, click here.