Active
122-132 Main Street
Essex MA, 01929
$6,000,000
Active
Commercial
Built in 1925
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.
73216927
MLSⓇ ID
March 27, 2024
Listed
August 23, 2024
Updated
Map
122-132 Main Street
Essex MA, 01929
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.09 Acres
Other Property Details
Taxes
$60,352
Tax Frequency
Annually
Garage
No
Parking Total
37
View
No
County
Essex
Pool
No
Zoning
COO & RS2
Listing History
Date | Event | Price |
---|---|---|
8/6/2024 | Active | — |
7/15/2024 | Pending | — |
7/1/2024 | Under contract | — |
5/13/2024 | Price change | $6,000,000 -12% |
Courtesy of Alexandra Cutler, J. Barrett & Company
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Data last updated 9:51 AM UTC, 8/23/2024