4 Lake St, Peabody, MA, 01960
1960
7,360 sqft
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.
Status:
Active
Type:
Commercial
Zoning:
BN
Parking:
45-car
Acreage:
1.85
Est. Taxes:
$25,283
Utilities
Public Water, Public Sewer
MLS #:
73214626
Buyer Agent Compensation:
1
Facilitator Compensation:
1
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Frank Pasciuto, Pasciuto and Associates Phone: 781-883-0707