4 Lake St, Peabody, MA 01960 | MLS 73214626 | Listing Information | Vylla Home
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FOR SALE
$3,400,000

4 Lake St
Peabody, MA 01960

Business Opportunities
Commercial
7,360
Sq. Ft.
1.85
Acre Lot
Courtesy: Frank Pasciuto - Pasciuto and Associates
Vylla Home> Massachusetts> Peabody> 01960
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.
73214626
Commercial - Business Opportunities, Other
1960
Essex
1.85 Acres
Public
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
Courtesy: Frank Pasciuto - Pasciuto and Associates
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