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$ 585,000
Est. payment | /mo
1,726 SqFt
$ 585,000
Est. payment | /mo
1,726 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,726 sqft
Price per Sqft $338
MLS Listing ID 73243364
HOA Y/N false
Year Built 1900
Annual Tax Amount $3,782
Tax Year 2024
Property Description
Prime Downtown Marblehead Location.On-going restaurant operation has exercised option to extend current net lease. Great Tenant. Solid income. (Lease Terms and income numbers upon request.) Tenant pays property taxes and building insurance in addition to base rent. Subject property maintains exclusive ownership and use of paved driveway. The building has been well maintained. Improvements include newer rubber membrane roof, newer heat and air conditioning. Open interior floor plan with high ceilings. 1 Handicap accessible bathroom. High traffic count, solid neighboring retail and office space.`Purchase is for the Building only. On going Restaurant Business not included in purchase. Subject property retains 54% interest in the condominium that includes 112 Pleasant St. (currently "Worldly Pets").
Location
State MA
County Essex
Zoning B1
Direction Downtown Marblehead across the street from the Warwick Theater and The Beacon Restaurant.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 110 Volts
Roof Type Rubber
Total Parking Spaces 5
Others
Senior Community false
Listed by William Raveis R.E. & Home Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "