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3 Bourbon St, Peabody MA 01960

Commercial Sale

Great property right off Route 1 in Peabody for sale! Owner operator has small office and nicely done two bed 2 bath 3500SF home included in the property sale. Solid existing tenants with long term leases going into 2033 with option years. New owner can enjoy great rental income from the Mini-Storage business with existing below market price and get financial boost from moving the 176 units' rent to market pricing. Also has great development potential for any developers seeking to expand onto residential ground-up development. There's also a Class II Auto Dealer license for additional consideration if buyer is interested, very limited amount in the City of Peabody.

This home has been viewed 5 times

Last Checked: September 18th, 2026 at 10:38am (Source: MLS PIN #73575777)

General Information for 3 Bourbon St, Peabody MA 01960

Listing ID73575777

Property TypeCommercial Sale

Price$10,000,000

Style

CityPeabody

CountyEssex

Neighborhood(s)Ipswich

ZoningBR

Year Built1972

Disclosures for 3 Bourbon St, Peabody MA 01960

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsSee Broker

Compensation Based On

Contact Information for 3 Bourbon St, Peabody MA 01960

Agent

Name: Jenna DeRose

Office

Name: NextGen Realty, Inc.

Phone: 617-208-2100

Team Members

Exclusive Listing Agent

NextGen Realty, Inc.

Jenna DeRose

Agent Phone

Office Phone

(617) 208-2100

Text Agent Call Agent Call Office

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    [description] => Great property right off Route 1 in Peabody for sale! Owner operator has small office and nicely done two bed 2 bath 3500SF home included in the property sale. Solid existing tenants with long term leases going into 2033 with option years. New owner can enjoy great rental income from the Mini-Storage business with existing below market price and get financial boost from moving the 176 units' rent to market pricing. Also has great development potential for any developers seeking to expand onto residential ground-up development. There's also a Class II Auto Dealer license for additional consideration if buyer is interested, very limited amount in the City of Peabody.
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EXIT

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