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$1,500,000

  • For Sale
  • Active
  • Commercial
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Unique investment opportunity with eminent potential! Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor. Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development. Buyer/buyer's Agent to perform your own due diligence.

Full Property Details for 48-49A Lowell St

General

  • Price: $1,500,000
  • Taxes: $13,642 (2024)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73332303
  • Updated: 11/30/2025
  • Added to Site: 346 day(s) ago

Location

  • County: Essex

Structural Information

  • Square Feet: 2,718
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.32

Financial Considerations

  • Tax Amount: $13,642
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures/Rstr.: Lot size, Taxes & assessment value reflects total of all 2 properties combined.

Listed by Lynnway Associates, Rosa DeCastro and Lou Markakis

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Listing agents

— 48-49A Lowell St —

  • Rosa DeCastro

    Lynnway Associates

  • Lou Markakis

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 48-49A Lowell St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2025
Listed
$1,500,000
150%
MLS
10/29/2020
Sold
$600,000
—
Public Record
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 48-49A Lowell St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,206
4%
$484,000
3%
2024
$8,867
18%
$470,900
23%
2023
$7,538
-7%
$383,200
—
2022
$8,101
-7%
$383,200
-3%
2021
$8,745
-3%
$393,900
—
2020
$9,016
-3%
$393,900
—
2019
$9,331
-2%
$393,900
—
2018
$9,497
-1%
$393,900
—
2017
$9,568
—
$393,900
—
2016
$9,528
2%
$393,900
2%
2015
$9,360
5%
$385,200
5%
2014
$8,955
—
$366,100
—
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 48-49A Lowell 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 Lynnway Associates, Rosa DeCastro and Lou Markakis

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Listed by Brenna McNiff and Kevin Pietrini
Sold by Bobby Heil

48-49A Lowell St, Peabody, MA 01960 (MLS# 73332303) is a Commercial property. 48-49A Lowell St is currently listed for $1,500,000 and was received on February 04, 2025. Want to learn more about 48-49A Lowell 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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