
98 Main St Peabody — Photo 1 of 41
Recent Drop: $201,000
$1,699,000
98 Main St, Peabody, MA 01960
Peabody, MA 01960
Beds
6
Baths
3
SqFt
3,150
Style
Multi Family
Built
1830
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.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Peabody, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat
Geography
Property History
$1,699,000
Was $1,799,000
Sep 14, 2026
MLS® 73554040
$1,799,000
Was $1,900,000
Jul 30, 2026
MLS® 73554040
$1,900,000
Jul 23, 2026
MLS® 73554040
$1,799,000
Jul 7, 2026
MLS® 73545991
Population
54,474
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$97K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
34.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Pizzo Johanson Team
Listing Office: Aluxety
MLS® Number: 73554040
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