About This Restaurant
Investment Highlights
Fully renovated in 2016 Real estate, business, and liquor license included in sale Main St and Harbor Views
Executive Summary
Exceptionally rare opportunity to own a successful full service restaurant in the heart of Rockport village, steps from Shalin Liu Performance Center and the shops and galleries of one of America?s earliest and scenic art colonies. Commanding a prime location on Dock Square, the historic center of downtown, the building has been thoughtfully and fully renovated (in 2016) to create a stylish and elegant fine dining space evoking the town?s famed granite industry. High ceilings, historic quarrying photos, and picture windows framing views of colorful Main Street and nearby Rockport Harbor, the restaurant is a much-loved fixture of the town?s bustling dining and cultural scene and a magnet for visitors and residents alike. Interior seating capacity is 50 with 12 seats at a bar and table seating for 38, with patio seating for 22 as weather allows. Includes All Alcoholic Beverage License, walk out lower level with second kitchen for prep, desserts, etc., and high-quality furnishings.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant
- Building Size 2,107
- Year Built/Renovated 1800/2016
- Price 1,375,000
- Price Per SF 653
- Percent Leased 95
- Building Height 2 Stories
- Building FAR 1.21
- Land Acres 0.04 AC
Property Taxes
Parcel Number | ROCK-000035-000000-000025 | Improvements Assessment | $745,000 |
Land Assessment | $208,800 | Total Assessment | $953,800 |
Date Created: | 2024-07-16 04:16:16 | Last Updated: | 2024-07-16 04:16:16 |
Address: | 3-5 Main Street , Rockport, Massachusetts, 01966 |