3 Bourbon StreetPeabody, MA 01960MLS Number 73575777

  • Price: $10,000,000
  • 7 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Sep 17, 2026
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  • 2.39Acreage
  • 1972Year Built

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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.
Listed by Jenna DeRose of NextGen Realty,Inc.

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More Info

Basic Information

  • Gross Income $529,512
  • Mls StatusActive
  • Parcel Number M:0036 B:0021,23726062

Property

  • Acreage2.39

Property Information

  • Lot Size Square Feet 104,108
  • Lot Size Units Acres

Other

  • Date Listed09/11/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Year 2025
  • Taxes$66,570

Location

  • Address3 Bourbon Street
  • Building Number3
  • CountyEssex
  • StateMA
  • StreetBourbon Street
  • TownPeabody
  • Zip01960

Basic Information

  • List Price$10,000,000
  • MLS Number73575777
  • Modification Date09/17/2026

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available, 110 Volts
  • Year Built1972

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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