CCertihomes
532 Lowell St, Peabody, MA 01960

$1,700,000

0 beds 0 baths 5,070 sqft Built 1988Active

About this home

•Location: The building enjoys high visibility from Lowell Street, US-Route 1, and US-95. This strategic location offers great exposure for businesses operating within the building.• Lot Size and Building: The nearly 12, 000 square foot, assessment value, and a certified development plot plan of 19, 890 sq ft, lot is improved with a 5, 070 square foot 3 story building. This ample space provides opportunities for various business operations and tenants.• Access and Traffic Regulation: Vehicle entrance to the property is facilitated by a traffic light, which helps regulate traffic flow from Bourbon Street and Lowell Street. This controlled access enhances convenience and safety for tenants and customers. •Current Tenants: leased to three tenants, indicating a stable income stream for the property owner .•Parking: Ample available on-site, ensuring convenience for tenants and customers. •Zoning: is BR, offering liberal flexibility for various uses •Potential For Drive Thru The location of t

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$11,136/mo

Real estate (PITI + HOA + PMI)
$11,256
Principal + interest$7,710
Property tax + insurance$2,908
PMI / 2nd mortgage$638
Utilities
$582
Heating + cooling$129
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$123
Car insurance + maintenance$123
Other (entertainment)
$158
$11,136/mo TLC
Budget$11,636/mo
Remaining after TLC$500/mo
Purchase price
$1,700,000
Down payment
$85,000 (5%)
Loan amount
$1,615,000
APR
4%

Quick facts

Type
COM
Style
Year built
1988
Lot size
0.27 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$14,162
MLS #
73203648
County
Essex

Home features

Roof
Asphalt/Composition Shingles

Neighborhood — 01960

MetricThis ZIPCountyUSA
Population48,9266,444,931299,088,112
Population Change Since19904.00%7.00%20.00%
Population Density2,902786
Male23,6833,127,134147,432,321
Female25,2433,317,797151,655,844
Never Married10,0561,612,88563,775,926
Married22,3862,586,314123,120,365
Separated1,255247,85712,639,686
Widowed3,273363,59415,467,586
Divorced3,366436,88823,075,029
Number Of House Hold18,9592,431,591111,826,380
Average House Hold Size2.552.562.60
Medial Age40.6237.2535.46
Median House Hold Income$61,346$57,698$48,276
Average House Hold Income$68,169$75,023$63,629
P C I$27,357$29,196$24,529
M D I$50,765$48,105$41,133
A T H E$53,942$57,083$50,898
S T R5.00%5.00%
W C J79.00%81.38%77.74%
(Zip) Code
1960

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 2/20/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.