Pete Castrichini

There is a $25,000 incentive.There is a $25,000 incentive.

Mixed use commercial property, 2-bedroom apartment on second floor with walk up third. 1st floor commercial unit, currently used as cigarette and c-store. Property is right-on brand-new town/state walking/biking rail-trail on Saugus/Lynn line across from new dispensary. Water views from 1st floor and amazing second floor views with covered read deck. Large detached garage, with loft for storage. Property is in need of renovation on the inside. Can be renovated as is or remove to studs to unlock its full potential. Great opportunity for new business or expansion in high traffic area. Add side access walk up ice cream or slush, food business takeout window for more potential customers on very busy walking / bike trail right next to park with bench and water views / access. Unlimited potential for this property. Build in sweat equity or renovate and unlock full cash flow. Could be converted into 2-unit multifamily if desired.

Broker/Owner of Coastal Point Properties, LLC, locally owned and operated Real Estate Company on Cape Cod. 

Pete Castrichini

About Pete Castrichini

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2 properties

Peabody

Properties for sale by listing agent Pete Castrichini

$445,000

$699,500

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Pete Castrichini

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