4 Lake St, Peabody, MA, 01960

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



Listing courtesy of Frank Pasciuto, Pasciuto and Associates Phone: 781-883-0707