Exceptional mixed-use opportunity in Peabody's downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer’s request, the seller may be able to terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 - 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes.
46-48 Walnut St, Peabody MA 01960
Peabody, MA 01960
- Property type
- Commercial Sale
- Status
- Active
- Year built
- 1930
- Lot size
- 0.16 acres
- Living area
- 10,231 sf
- MLS#
- 1e12c83e16f633f7c5dd5fd81c57e79b
- Beds · Baths
- 0 · 6
Peabody, MA.
Peabody, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.
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Listings updated Sep 17, 2026



