203 Newbury StreetPeabody, MA 01960MLS Number 72414390

  • Price: $12,000
  • 22 Days on Market
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Federal 30-year interest rate: 4.94% last updated on Nov 8, 2018
* 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.
  • 0.83Acreage
  • 1925Year Built
  • 5400Square Feet
  • 50Parking Spaces

Driving Directions

Excellent opportunity to have your business on busy Route 1 with great exposure to Interstate 95 traffic every day! The owner is looking to sell Sea Grilz & North Shore Lobster Market. Formerly known as the Sea Witch Restaurant & Fish Market! High visibility and great 50+ year reputation. A turnkey specialty restaurant/market ready to generate massive returns. Large parking lot with easy access off Route 1 North. Current owner is looking to retire. Long-term and flexible Ground/Absolute lease available to qualified buyer/tenant. Take advantage of an established property with a great reputation.

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

More Info

Parking

  • Parking Spaces50
  • Parking FeatureOpen,21+ Spaces, Paved Driveway, On Site

Building

  • Year Built1925
  • ConstructionFrame
  • Total Units1
  • Total Bldg Sf5400
  • Reu Units1
  • No Buildings1
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg302700

Utilities

  • UtilitiesPublic Water, Public Sewer, Bottled Gas

Photos

  • Photo Date2018-10-23T12:31:00
  • Number of Photos22

Basic Information

  • StatusACT
  • MLS Number72414390
  • Prop TypeCI
  • Status Date2018-10-23T12:31:00
  • Date Listed10/23/2018
  • List Price$12,000
  • Price Per Square Foot$2
  • LeaseYes
  • Lease Price IncludesBuilding, Business, Land, Other (See Remarks)
  • Lease TypeGround Lease, Triple Net Lease (NNN), Other (See Remarks)
  • DirectionRoute 1 North, just passed i95 North ramp. GPS 203 Newbury St. Peabody, MA.

Location

  • Building Number203
  • Street No203
  • StreetNewbury Street
  • TownPeabody
  • StateMA
  • Zip01960
  • CountyEssex
  • LocationFree Standing, Interstate, Highway Access, Public Transportation, Central Business District

Property

  • Acreage0.83
  • Space AvailableFor Lease
  • Square Feet5400
  • SubletNo
  • Lot Size36028
  • Condo AssociationNo
  • Assessed Value Land568000
  • Main LoG62122

Other

  • Modification Date2018-10-27T04:05:00
  • Property TypeLand
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureYes
  • DisclosuresTaxes 20,992.58 per year, Insurance 4,000 per year. Lobster Market License transferable with new owner. Real estate not included, lease 12,000/month +NNN. Beer & Wine Only. Traffic Count, Demographics, & Ring Study available upon request.
  • Book9549
  • Listing AgreementExclusive Right to Sell
  • Block0033-A
  • Ref Bldg Sf5400
  • ExclusionsBillboard rights not included in transaction. Business sale/land lease only.
  • ExchangeNo
  • Firm Rmk1Showings are accompanied, prior to business hours of operation and require 24 hours notice.
  • Page164
  • View Count3

Peabody, MA Demographics

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Peabody, MA Real Estate Market Data

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Peabody, MA Schools

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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