2 Plum Island Boulevard, Plum IslandNewbury, MA 01950MLS Number 72164562

  • Price: $1,599,000
  • 189 Days on Market
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Federal 30-year interest rate: 3.94% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.27Acreage
  • 4007Square Feet
  • 2Street No
  • 1No Stories

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The property is being marketed for sale or lease with the sale of the award winning Plum Island Grille Restaurant operating on site. The Restaurant is one of only two full service Restaurant\Bars on Plum Island. The Restaurant has 126 seats with an additional 26 seasonal outdoor seats. Revenues Range: $1.4- $1.8 Million; Furniture, Fixtures, & Equipment (FF&E) of $173,514 along with inventory and other related assets are included in Selling Price. Additional information on the financials of the business will be provided after signing a confidentiality agreement. Purchase Option: Business offered at $499,000 with Real Estate at $1,100,000. Total purchase price for both is $1,599,000. Lease Option: Business being offered at $499,000 with a long term Triple Net Lease Option

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Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

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Basic Information

Other

Location

  • Street No2
  • Building Number2
  • StreetPlum Island Boulevard
  • Zip01950
  • StateMA
  • CountyEssex
  • NeighborhoodPlum Island
  • TownNewbury

Property

  • Acreage0.27
  • Parking Spaces20
  • Space AvailableFor Sale/Lease
  • Lot Size11979
  • Square Feet4007

Photos

Building

  • No Stories1
  • Parking FeatureOpen, 11-20 Spaces, Paved Driveway
  • Total Units1
  • Reu Units1

Exterior

Utilities

Newbury, MA Demographics

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Newbury, MA Real Estate Market Data

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Newbury, MA Schools

School NameDistanceTypeGradesTest Score RatingParent Rating
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