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27 Walnut St
Peabody, MA 01960 Downtown Peabody

$1,099 - $2,230 USD/MO

Light Manufacturing For Lease  •  1,055+ SF

Property Details

  • Property Type Light Manufacturing
  • Year Built 1940
  • Total Building Size 65,000 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning IL
0 Transit Score
90 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 1J Flex 1,055 SF $12.50 USD/SF/YR
Lease 1,055+/- sq. ft. on ground floor of multi-tenanted industrial building right off downtown Peabody. Currently, the space is dividerd into 3 separate areas, but can easily be modified. Adjacent to the shared Walnut St. drive-in door (short term loading and unloading only) and common restrooms.

  • Date available: Feb 2026
  • Lease term: Negotiable
  • Service type: Plus Electric
  • Space Type: Relet
2nd Floor Ste 2-J Industrial 2,000 SF $10.20 USD/SF/YR
Lease approximately 2,000 SF of clean light industrial/warehouse space, which includes an office. Unit 2J is located on the 2nd floor of a multi-tenanted commercial building just off Peabody Sq. Suitable for various uses, including: woodworking, restoration, warehouse, shipping/receiving, and light assembly. Can be combined with the adjacent unit (2W) to create 4,624+/- sq. ft. Unreserved parking for 1-2 vehicles in the on-site lot.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Net
  • Space Type: Relet
2nd Floor Ste 2W Industrial 2,624 SF $10.20 USD/SF/YR
Lease approximately 2,624 SF of clean light industrial/warehouse space, which includes 3 offices. Unit 2W is located on the 2nd floor of a multi-tenanted commercial building just off Peabody Sq. Suitable for various industrial uses, including: woodworking, restoration, warehouse, shipping/receiving, and light assembly. Can be combined with the adjacent unit (2J) to create 4,624+/- sq. ft. Non-designated/unreserved parking for 1-2 vehicles in on-site lot.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Plus Electric
  • Space Type: Relet

Description

15 Walnut features a large freight elevator, 2 short term drive-in doors, and common restrooms on both floors. These are available to, and shared, by all tenants. There is on-site non-designated/unreserved parking for 2 vehicles during normal business hours. Walk to restaurants, Post Office, and banks. Located right off Peabody Square offering easy access to Rt. 128, Rt. 1, and I-95.

Public Transportation

Commuter RailDriveWalkDistance
Salem (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 1.9 mi
Beverly Depot (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 9 min - 3.6 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 27 min - 14.4 mi
Manchester Boston Regional 72 min - 49.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Mark Shapiro 617-921-3020 Drumlin Group Inc
Mark Shapiro 617-921-3020 Drumlin Group Inc