Peabody, Essex County, MA Commercial Real Estate for Lease and Sale

Explore 12 listings of Peabody commercial real estate to find the best space for your business.

24 Main St

24 Main St, Peabody, MA
Property

Office

15,212 SF
Availability

1 Space

250 SF
Year Built

1900
For Lease

$24.00/SF/YR
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Centennial Industrial Park - 5 Centennial Drive

5 Centennial Drive, Peabody, MA
Property

Office

40,000 SF
Availability

3 Spaces

25,600 SF
Year Built

1989
For Lease Contact for pricing
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9 Centennial Drive

9 Centennial Drive, Peabody, MA
Property

Office

74,801 SF
Availability

2 Spaces

25,033 SF
Year Built

1986
For Lease Contact for pricing
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Centennial Drive
Regus
9 Centennial Drive 2nd Floor, Peabody, MA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Northshore Medical and Dental Center

6 Essex Center Drive, U211, Peabody, MA
Property

Office

900 SF
For Sale

$250,000
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15 Newbury Street

15 Newbury Street, Peabody, MA
Property

Retail

7,755 SF
Availability

1 Space

7,755 SF
For Lease Contact for pricing
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Cross Street Professional Building

39 Cross Street, Peabody, MA
Property

Office

35,000 SF
Availability

2 Spaces

2,490 SF
Year Built

1988
For Lease Contact for pricing
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1 Technology Drive, Peabody - Last Mile - Dry 7 Frozen Distribution Facility

1 Technology Dr, Peabody, MA
Property

Industrial
Availability

1 Space

42,710 SF
For Lease Contact for pricing
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10 Technology Drive

10 Technology Drive, Peabody, MA
Property

Industrial

51,900 SF
Availability

2 Spaces

12,367 SF
Year Built

1987
For Lease Contact for pricing
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140 Summit Street, Peabody | New Construction | Warehouse/Industrial Sublease

140 Summit St, Peabody, MA
Property

Industrial
Availability

1 Space

82,790 SF
Year Built

1997
For Lease Contact for pricing
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26 Howley Street

26 Howley Street, Peabody, MA
Property

Industrial

45,188 SF
Year Built

1900
For Sale Contact for pricing
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Peabody Commons

535 Lowell St, Peabody, MA
Property

Retail

49,022 SF
Availability

2 Spaces

4,044 SF
Year Built

1960
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Peabody commercial real estate market incorporates 165,913 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Peabody commercial real estate market includes 221,705 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Peabody market, there is a total of 97,088 square feet of industrial property.

The listing inventory in Peabody incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Peabody is represented by Industrial space, which accounts for 137,867 square feet of available listings. Retail space available in Peabody adds up to 71,773 square feet.

Meanwhile, most of the listings of commercial property for sale in Peabody are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Peabody, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24 per square foot.

The average size of a commercial property in Peabody depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Peabody, the average size of an office property is 33,183 square feet.
Retail properties here incorporate an average of 73,902 square feet.
Industrial space in Peabody is in buildings that are, on average 48,544 square feet in size.

Peabody, Essex County, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Peabody currently add up to 263,713 square feet. The market offers 4 active office listing(s), which amount to 54,073 square feet and account for 36% of commercial spaces on the market. Local retail availability includes 71,773 square feet across 3 retail space(s). Industrial space for rent opportunities in Peabody amount to 137,867 square feet across a total of 4 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	4	54,073
Retail	3	71,773
Industrial	4	137,867

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Peabody, Essex County, MA. Currently, there is 48,604 square feet of commercial property for sale here , which includes 1 office building(s) for sale , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	900
Industrial	1	45,188
Other	1	2,516

Peabody, Essex County, MA Commercial Real Estate for Lease and Sale

24 Main St

Centennial Industrial Park - 5 Centennial Drive

9 Centennial Drive

Centennial Drive

Northshore Medical and Dental Center

15 Newbury Street

Cross Street Professional Building

1 Technology Drive, Peabody - Last Mile - Dry 7 Frozen Distribution Facility

10 Technology Drive

140 Summit Street, Peabody | New Construction | Warehouse/Industrial Sublease

26 Howley Street

Peabody Commons

Frequently Asked Questions

Peabody, Essex County, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Peabody, Essex County, MA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Peabody, MA?

What factors affect the price of commercial real estate in Peabody, MA?

What are the best areas for commercial real estate in Peabody, MA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Peabody, MA?

Peabody, Essex County, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us