About This Restaurant
Investment Highlights
Executive Summary
Amazing Location with High pedestrian & traffic count. 1,100+ sq ft commercial / retail building w/ small parking lot only steps to the Salem T. Formerly used as Bait & Tackle retail store. Zoning NRCC (North River Canal Corridor Neighborhood Mixed Use). Seller is negotiable to different business ideas and lease arrangements or will consider a sale. Property needs updating. Allowed by right: Artist Lofts & living space, Studio, Gallery, Trade School, Business & Professional Office (Lawyers, Accountants, Real Estate Broker, etc), Medical/Dental office, Single Family home, Retail (Convenient Store, Coffee Shop, Tourist Attraction, Gift Shop, Florist, Barber Shop / Salon, Bank, Laundromat, Liquor Store. Allowed w/ Special permit: Music, Recording, Dance studio, Light manufacturing, Brewery/Distiller/Winery w/ Tasting Room, Hotel or Inn, Social Club, Lodge, Restaurant, Bar. Tons of development planned for immediate area! Own a part of the action.
Property Details
- Sale Type Investment or Owner User
- Sale Conditions Distress Sale Distress Sale Build to Suit Lease Option Deferred Maintenance Distress Sale
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Freestanding General Retail Restaurant OfficeLoft Creative Space Freestanding
- Building Size 1,106
- Building Class C
- Year Built 1900
- Price 390,000
- Price Per SF 353
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.36
- Land Acres 0.07 AC
Amenities
- Air Conditioning
Nearby Amenities & Transportation
Retail | Salem Five | ||
Retail | Santander | ||
Retail | BonChon | ||
Retail | The YMCA | ||
Retail | Village Tavern | ||
Retail | Starbucks | ||
Retail | Eastern Bank | ||
Retail | Stop & Shop Supermarkets | ||
Retail | Citizens Bank | ||
Retail | Ninety Nine Restaurant & Pub |
Property Taxes
Parcel Number | SALE-000026-000000-000039 SALE-000026-000000-000376 | Improvements Assessment | $682,200 |
Land Assessment | $333,500 | Total Assessment | $1,015,700 |
Date Created: | 2024-07-16 04:16:17 | Last Updated: | 2024-07-16 04:16:17 |
Address: | 280 Bridge St , Salem, Massachusetts, 01970 |