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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 2 |
| Living area | 3,150 sqft |
| Lot size | 7,400 sqft |
| Year built | 1830 |
| Price / sqft | $571 |
| County | Essex |
| MLS # | 73554040 |
Listing status
| Days on market | 11 days |
| Listed on | July 23, 2026 |
Taxes & financials
| Annual property tax | $19,883 |
| Tax year | 2026 |
| Assessed value | $1,054,800 |
| Zoning | BC |
| Gross income (actual) | $120,000/yr |
| Net operating income (actual) | $120,000/yr |
| Total actual rent | $10,000/mo |
Building & lot
| Stories | 4 |
| Total rooms | 18 |
| Lot size | 0.17 acres |
| Garage spaces | 0 |
| Parking spaces | 13 |
| Parking | Paved Drive, Off Street, Driveway, Paved |
| Basement | Full, Finished, Interior Entry |
| Foundation | Concrete Perimeter, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer |
Location
More about investing in Peabody →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 98 Main St, Peabody MA 01960 have?
It is a 2-unit multi-family property with 3,150 sqft of living area, built in 1830.
How long has 98 Main St, Peabody MA 01960 been on the market?
98 Main St, Peabody MA 01960 has been listed for 11 days (since July 23, 2026).
What is the price per unit?
At a list price of $1,799,000 across 2 units, that works out to roughly $899,500 per unit.
What are the property taxes on 98 Main St, Peabody MA 01960?
Annual property taxes are $19,883 (2026), on an assessed value of $1,054,800.
What is the price per square foot?
At $1,799,000 for 3,150 sqft, that's about $571 per square foot.
Is there parking?
13 total parking spaces (paved drive, off street, driveway, paved).
Where is this property located?
98 Main St, Peabody MA 01960 is in Peabody, Essex County, MA 01960.
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