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For Sale

3 Bourbon St

Peabody, MA

$9,000,000

Courtesy of NextGen Realty, Inc.

This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.

The listing brokerage last updated this record on October 3, 2026.

Photographs

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25 photographs from the listing brokerage, shown as they published them.

About this home

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.

The details

Property type
Commercial
Lot
2.39 acres
Year built
1972
County
Essex
Taxes
$66,570 (2025)
Zoning
BR
MLS #
73575777

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Office
152 Lynnway, Unit J-1
Lynn, MA 01902
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