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$2,900,000

  • For Sale
  • Active
  • Commercial
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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 can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include four residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.

Full Property Details for 46-48 Walnut St

General

  • Price: $2,900,000
  • Taxes: $15,390 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73426593
  • Updated: 1/14/2026
  • Added to Site: 136 day(s) ago

Location

  • County: Essex

Structural Information

  • Square Feet: 10,231
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.16

Financial Considerations

  • Tax Amount: $15,390.98
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Subject to right of way and easements for light and air as noted in the deed. Measurements are approximate. Buyer and agent to perform due diligence. Floor plan shown in photos depicts only the first-floor unit, not the bakery or the other 4 residential apartments. Listing agent is related to seller
  • Property ID: M:0085 B:0028

Listed by eXp Realty, Helena Araujo

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Listing agent

— 46-48 Walnut St —

  • Helena Araujo

    eXp Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 46-48 Walnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$2,900,000
-22.67%
MLS
9/05/2025
Listed
$3,750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 46-48 Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$809,200
11%
2024
100%
$727,500
23%
2023
100%
$591,300
17%
2022
100%
$507,400
—
2022
100%
$509,300
2%
2020
100%
$497,100
3%
2019
100%
$484,500
5%
2018
100%
$462,900
—
2017
100%
$462,900
6%
2016
100%
$437,200
8%
2015
100%
$405,800
-1%
2014
—
$411,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 46-48 Walnut St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by eXp Realty, Helena Araujo

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46-48 Walnut St, Peabody, MA 01960 (MLS# 73426593) is a Commercial property. 46-48 Walnut St is currently listed for $2,900,000 and was received on September 05, 2025. Want to learn more about 46-48 Walnut St? Do you have questions about finding other Commercial real estate for sale in Peabody? You can browse all Peabody real estate or contact a Coldwell Banker agent to request more information.

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