535 Lowell St 49,022 SF 95% Leased Retail Building Peabody, MA 01960 $17,000,000 ($346.78/SF)

This exceptional commercial offering at 535 Lowell Street in Peabody combines scale, visibility, and redevelopment potential within a highly active corridor. The site comprises over 52,000 SF of rentable area and an additional 2,500 SF pad development opportunity on 4.87 acres, strategically situated along Route 1 North with direct connectivity to I-95. Zoning under BR classification allows for flexible commercial applications, while existing income streams exceeding $100K per month underscore the asset’s stability and market appeal. High-profile frontage and traffic exposure amplify tenant demand, with parking capacity exceeding 325 spaces. The multi-level layout supports large-format tenancy or subdivided ownership opportunities, creating significant upside for investors seeking established cash flow and development leverage in a growth-focused submarket.