Property Attributes
- MLS#73216927
- TypeCommercial
- CountyESSEX
- CityEssex
- Zip01929
- Style
- Year Built1925
- Taxes$ 60352
- Price$ 6,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.09 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Rare Essex Waterfront opportunity consisting of an 8,338 sq ft well known, popular restaurant with full liquor license and total seating for 225. Iconic views of the Essex River and Marsh out to Crane Beach and Hog Island from every window. Includes 2 water front decks. Additional offering includes a turn key 14 room Motel and 6 room Inn with numerous bathrooms and guest room upgrades, some with fireplaces and sitting areas. The Motel and Inn have an excellent seasonal rental history and Off Premises Liquor License. Rounding out this offering are 16 boat slips (across two docks; one with 5 slips; one with 11) also with solid seasonal rental income and wait list. Property offers numerous possibilities for development. Extensive parking on site plus additional leased parking across the street.
Price History | |
---|---|
3/27/2024 | Listed $6,750,000 |
General Features
Utilities | Public Water,Public Sewer,Natural Gas Available |
---|---|
Zoning | COO & RS2 |
Year Built | 1925 |
Tax Year | 2024 |
County | Essex |
Property Type | Commercial Sale |
HOA / Comm Assn | No |
Status | Active |
Directions | Route 22 is Main Street/Across from Woodman's. |
City | Essex |
Disclosures | Chap 91 for Hotel/Motel re-filing in 2024. Chap 91 for Restaurant with remaining 13 years. |
Senior Community Y/N | No |
Zoning Description | Other (See Remarks) |
Lot Size Square Feet | 47597 |
Waterfront Y/N | No |
Street Name | Main Street |
Tax Annual Amount | 60352 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Exterior Features
Total Parking | 37 |
---|---|
Lot Size Area | 1.09 |
Lot Size Acres | 1.09 |
Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool