134 Northern Blvd

134 Northern Blvd , Newbury, Massachusetts, 01951 | 1,788 sq.f | $ 649,000

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About This Restaurant

Investment Highlights

Executive Summary

Beach front property located on the beach side of the road, only steps to the beach with an outstanding business. An established and growing Grab N Go company. Ice Cream, Coffee, Pizza, Sandwiches, Grab'n'Go take home meals.. Retail shop area added during pandemic but was a sit-down location prior to COVID. Seats can be reinstalled if buyer prefers. Sales numbers have exploded during 2019-2020 and still currently increasing. Location is open late April to end of December, Closed for four months off season. Fantastic business model with plenty of "Rest and Relaxing" time for the right buyer or run it all year if you want. Residential expansion potential above business on existing foundation. Build an owners unit or beach town house only steps to the ocean. NDA required for location address and business numbers/taxes and will be provided once signed NDA and returned to listing agent. Price is for business and property combined.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    1,788
  • Building Class    C
  • Year Built/Renovated    1946/2003
  • Price    649,000
  • Price Per SF    363
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.37
  • Land Acres    0.11 AC

Property Taxes

Parcel Number NEWB-000004U-000000-000139 Improvements Assessment $390,400
Land Assessment $109,100 Total Assessment $499,500
Date Created: 2024-07-16 04:16:16 Last Updated: 2024-07-16 04:16:16
Address: 134 Northern Blvd , Newbury, Massachusetts, 01951