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  1. Retail Space
  2. MA
  3. Peabody

5 Central St

For Lease 5,640 SF

5 Central St, Peabody, MA 01960

Rental Details

  • Number of spaces 1
  • Total square feet available 5,640 SF
  • For Lease Price on request
  • Space Type Restaurant
  • Latest Update Jul 24, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Space Available Restaurant Price on request 5,640 SF - -

Space Available

Space Type

Restaurant

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

5,640 SF

Divisible Space

5,640 - 5,640 SF

Available Date

Immediate

Lease Term

From 5 To 5 Years

Renewal Option

Yes

Sublease

No

Turnkey

No

The Mega Group has available 5 Central Street which is a 100+ seat restaurant that will need very little to re-open its doors. The Rosenfelt Building is a prime downtown hotspot, directly across the street from the Peabody Municipal Courthouse and has four (4) municipal parking lots just steps from its front entrance. The location has had a history of successful endeavors, most notably Mike & Lill’s Black Sheep Pub & Grille and current occupant The NexMex Thing. The floor space is 5,640 +/- square feet in size and features a full service kitchen, two (2) handicap accessible restrooms, a very attractive dining room and separate bar area. There is a basement space in the lower level with a walk-in already in place, dry storage, food preparation and service. Food and interior images are historic examples of the past tenancies. This is a commercial lease assignment that will transfers all rights and obligations from the current tenant to a new tenant, with the assignee directly responsible to the landlord for the remainder of the 5 year term.  

Space Available

Space Type
Restaurant
Lease Rate
Price on request
Total Space
5,640 SF
Space Type

Restaurant

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

5,640 SF

Divisible Space

5,640 - 5,640 SF

Available Date

Immediate

Lease Term

From 5 To 5 Years

Renewal Option

Yes

Sublease

No

Turnkey

No

The Mega Group has available 5 Central Street which is a 100+ seat restaurant that will need very little to re-open its doors. The Rosenfelt Building is a prime downtown hotspot, directly across the street from the Peabody Municipal Courthouse and has four (4) municipal parking lots just steps from its front entrance. The location has had a history of successful endeavors, most notably Mike & Lill’s Black Sheep Pub & Grille and current occupant The NexMex Thing. The floor space is 5,640 +/- square feet in size and features a full service kitchen, two (2) handicap accessible restrooms, a very attractive dining room and separate bar area. There is a basement space in the lower level with a walk-in already in place, dry storage, food preparation and service. Food and interior images are historic examples of the past tenancies. This is a commercial lease assignment that will transfers all rights and obligations from the current tenant to a new tenant, with the assignee directly responsible to the landlord for the remainder of the 5 year term.  

Contacts

broker
Colleen Cohan

The Mega Group

Building Details

  • For Lease Price on request
  • Property Type Retail
  • Property Size 5,640 SF
  • Additional Rent Price on request
  • Date Updated Jul 24, 2026

Location

  • City Peabody, MA
  • Neighborhood Peabody
  • Zip Code 01960
  • Market Boston
  • Map
  • Street
  • Walk score 90/100 Walker's Paradise
  • Bike score 53/100 Bikeable
Powered by Walk Score ®

Points of Interest

Salem

1.59 miles

Beverly Depot

2.52 miles

Swampscott

3.72 miles

Lynn Interim Commuter Rail Station

4.36 miles

Lynn

4.57 miles

Wonderland

8.54 miles

Revere Beach

8.92 miles

Reading

9.21 miles

Beachmont

9.59 miles

Oak Grove

9.62 miles

Speedway

1.39 miles

Mobil

1.58 miles

BP

1.59 miles

Shell

1.64 miles

Exxon

1.90 miles

Prime Gas Station

1.95 miles

Sunoco

2.07 miles

Tesla Supercharger

4.77 miles

ChargePoint

5.08 miles

eVgo

6.83 miles

Crombie Street Lot

1.55 miles

Public Parking

1.69 miles

Church St Lot

1.69 miles

Church St Meter Lot

1.73 miles

Klop Alley Lot

1.75 miles

South Harbor Garage

1.92 miles

South Harbor Garage‎

1.93 miles

Ninety Nine

2.12 miles

O'Keefe Lot

2.21 miles

O'Keefe Back Lot

2.24 miles

Stop & Shop

0.58 miles

JCPenney

1.19 miles

Nordstrom

1.27 miles

Northshore Mall

1.30 miles

Macy's Mens & Children's Store

1.37 miles

Shaw's

1.41 miles

Macy's

1.46 miles

Market Basket

1.61 miles

Endicott Plaza

1.65 miles

Target

1.70 miles

Listing Summary

  • The Price for Retail Space at 5 Central St

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 5 Central St

    The property exclusively contains Restaurant space totaling 5,640 square feet.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 5 Central St, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Colleen Cohan
broker
Colleen Cohan

The Mega Group

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