$9,000,000

3 Bourbon St, Peabody MA, 01960

Price per sqftN/A

Built in1972

Property typeCommercial

Overview

Active

Price Changed

Listed Sep 10, 2026

Updated 20h ago

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.

Additional information

MLS^® ID: 73575777

Interior Features

Basement: No

Exterior Features

Lot Size: 2.39 Acres

Other Property Details

Taxes: $66,570
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by Jenna DeRose with NextGen Realty, Inc.

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Data last updated 2:53 AM UTC, 9/30/2026