Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

48-49A Lowell St, Peabody MA 01960

Commercial Sale

Unique investment opportunity with eminent potential! Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor. Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development. Buyer/buyer's Agent to perform your own due diligence.

This home has been viewed 65 times

Last Checked: December 1st, 2025 at 5:43am (Source: MLS PIN #73332303)

General Information for 48-49A Lowell St, Peabody MA 01960

Listing ID73332303

Property TypeCommercial Sale / Commercial

Price$1,500,000

Style

CityPeabody

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Garage Parking

ZoningBC

AssociationNo

Year Built2005

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 48-49A Lowell St, Peabody MA 01960

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Contact Information for 48-49A Lowell St, Peabody MA 01960

Agent

Name: Rosa DeCastro

Office

Name: Lynnway Associates

Phone: 781-558-8518

Team Members

Name: Lou Markakis

Phone: 781-558-8518

Exclusive Listing Agent

Lynnway Associates

Rosa DeCastro

Agent Phone

Office Phone

(781) 558-8518

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.32 acres (14,114 SqFt)
    [add_date] => 2025-07-24 19:03:11
    [address] => Lowell St
    [agent] => Array
        (
            [address] => 2 Magnolia Avenue
            [city] => Saugus
            [id] => CN238628
            [name] => Rosa DeCastro
            [national_association] => 449598399
            [office] => AN7887
            [state] => MA
            [zip] => 01906
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,718 SqFt
    [approx_lot_size_acres] => 0.32 acres
    [approx_lot_size_sqft] => 14,114 SqFt
    [assessed_value] => 
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 48-49A Lowell St Peabody
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => Commercial
        )

[c_type] => Commercial Sale
    [cap_rate] => -0.91%
    [city] => Peabody
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Unique investment opportunity with eminent potential!  Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor.  Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development.  Buyer/buyer's Agent to perform your own due diligence.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 0
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 661308
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2025-12-01 05:43:13
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 2,718 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73332303
    [neighborhoods] => Array
        (
            [0] => Ipswich
        )

[net_income_calc] => -13642
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 1
    [office] => Array
        (
            [id] => AN7887
            [name] => Lynnway Associates
            [phone] => 781-558-8518
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 781-589-8527
    [pool_features] => Array
        (
        )

[price] => $1,500,000
    [price_per_sqft] => 0
    [price_per_unit] => 1500000
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => Residential
        )

[real_estate_tax] => $13,642
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 48-49A
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2024
    [team] => Array
        (
            [0] => Array
                (
                    [id] => C0001549
                    [name] => Lou Markakis
                    [phone] => 781-558-8518
                    [address] => 36 Ocean Avenue
                    [city] => Lynn
                    [state] => MA
                    [zip] => 01902
                    [office] => AN7887
                    [national_association] => 454003076
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 13642
    [total_gross_income] => 0
    [total_parking] => 20
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 48-49A Lowell St, Peabody MA 01960
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 2005
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 01960
    [zoning] => BC
    [zoning_details] => Legal Conforming
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 179519019
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/661308/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2025-12-01 05:43:17
                    [modified] => 2025-12-01 05:43:18
                )

[1] => Array
                (
                    [id] => 179519971
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73332303&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2025-12-01 05:43:25
                    [modified] => 2025-12-01 05:43:25
                )

[2] => Array
                (
                    [id] => 179519972
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73332303&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2025-12-01 05:43:25
                    [modified] => 2025-12-01 05:43:25
                )

[3] => Array
                (
                    [id] => 179519973
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73332303&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2025-12-01 05:43:25
                    [modified] => 2025-12-01 05:43:25
                )

[4] => Array
                (
                    [id] => 179519974
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73332303&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2025-12-01 05:43:25
                    [modified] => 2025-12-01 05:43:25
                )

[5] => Array
                (
                    [id] => 179519975
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73332303&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2025-12-01 05:43:25
                    [modified] => 2025-12-01 05:43:25
                )

)

)

EXIT