For sale

Price cut: $101K (7/30)

$1,799,000

98 Main St, Peabody, MA 01960

6beds

3,150sqft

$10,617/mo

Get pre-qualified

Multi Family

Built in 1830

-- sqft lot

$1,710,100 Zestimate^®

$571/sqft

$-- HOA

What's special

Excellent visibilityExpansive unitPrep kitchenWalk-in freezerLarge residential unitTwo restroomsWalk-in refrigerator

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.

23 days

594

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 1
1/2 bathrooms: 4

Appliances

Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Dining Room, Kitchen, Living Room, Laundry Room
Flooring: Wood, Tile
Basement: Full,Finished,Interior Entry
Number of fireplaces: 2

Interior area

Total structure area: 3,150
Total interior livable area: 3,150 sqft
Finished area above ground: 3,150

Property

Parking

Total spaces: 13
Parking features: Paved Drive, Off Street, Driveway, Paved
Uncovered spaces: 13

Accessibility

Accessibility features: Accessible Entrance

Features

Patio & porch: Porch, Deck - Roof
Exterior features: Rain Gutters
Frontage length: 44.00

Lot

Size: 7,400 Square Feet
Features: Cleared, Level

Details

Parcel number: M:0085 B:0075,2105842
Zoning: BC

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Concrete Perimeter, Stone
Roof: Shingle

Condition

Year built: 1830

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, Sidewalks

Location

Region: Peabody

Financial & listing details

Price per square foot: $571/sqft
Tax assessed value: $1,054,800
Annual tax amount: $19,882
Date on market: 7/23/2026
Total actual rent: 10000
Road surface type: Paved

Estimated market value

$1,710,100

$1.62M - $1.80M

$3,789/mo

Price history

Date	Event	Price
7/30/2026	Price change	$1,799,000-5.3%$571/sqft
Source: MLS PIN #73554040 Report a problem
7/23/2026	Listed for sale	$1,900,000+336.8%$603/sqft
Source: MLS PIN #73554040 Report a problem
1/15/2016	Sold	$435,000$138/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$940,700 +50%
2024	--	$627,200 +11.1%
2023	--	$564,400
2022	--	$564,400 +15.8%
2021	--	$487,500 +0.4%
2020	$10,440	$485,500 +1.6%
2019	$10,440	$477,900 +10.4%
2018	$10,440 -0.7%	$433,000
2017	$10,518	$433,000 +3.6%
2016	--	$417,800 -31.4%
2015	--	$608,600