aisellshomes.space

$1,799,000

Active

98 Main St

Peabody, MA, 01960

Commercial · MLS #73545991

Days on market

8 days

Lot size

0.16 ac

0.16 acres

Lot

About this home

Rare standalone mixed-use opportunity in downtown Peabody. Currently operating as a successful café, the commercial space features a spacious dining area, service counter, bakery/café setup, and two restrooms. The lower level is fully equipped for food service operations with a walk-in refrigerator, walk-in freezer, prep kitchen, pastry room, office, bathroom, multiple storage rooms, and additional support space. Above the commercial space is a large residential unit offering 6 bedrooms, formerly configured as separate apartments, the residence was combined into one expansive unit. Well-positioned on Main Street with excellent visibility and ample off-street parking, this unique property is ideal for those seeking a mixed-use asset with both established commercial and residential components.

Price history

  1. Listed

    Aug 24, 2026 · 8 days ago

    $1,900,000

  2. Price reduced

    Aug 25, 2026 · 7 days ago

    $1,799,000

    Price upon request (-5.3%)

Location

98 Main St, Peabody, MA, 01960

Property details

Parking
Available for Purchase, Paved Driveway, Permeable Pavement

Listed by The Pizzo Group · Aluxety

Schedule a showing

98 Main St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$11,797 / month

Down payment20% · $359,800
Interest rate6.66%

Loan term

Principal & interest
$9,249
Property tax
$1,799
Home insurance
$750

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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