99999 confidential, Salem WillowsSalem, MA 01970MLS Number 72494908

  • Price: $999,000
  • 103 Days on Market
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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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.
  • 0.16Acreage
  • 1940Year Built
  • 5,838Square Feet
  • 100Parking Spaces

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Big brick commercial building, with 3 storefronts currently use as restaurant plus a 2nd floor also as commercial space in Historic famous tourist site Salem willows park by the ocean. The 3 restaurants now are as seasonal business. Total monthly rent is $7,533. Annual rent is $90,396. Great investment opportunity for cash flow or use 1 of the restaurant space for your own business ( all 3 storefront are rented with 3-4 year lease left, but 1 of the restaurant is ok to vacate if someone can pickup the lease) . More than 100 parking space in the park or around. Sale as is. Serious buyer only. Must sign NDA form and show proof of funds before showing.

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

More Info

Parking

  • Parking Spaces100
  • Parking FeatureOpen, Street

Building

  • Year Built1940
  • ConstructionStone/Concrete
  • Total Units4
  • Total Bldg Sf5838
  • Reu Units4
  • No Buildings1
  • No Stories2
  • Entry OnlyNo
  • Assessed Value Bldg999999

Basic Information

  • StatusACT
  • MLS Number72494908
  • Prop TypeCI
  • Status Date2019-05-06T22:11:00
  • Date Listed05/06/2019
  • List Price$999,000
  • Price Per Square Foot$171
  • LeaseYes
  • Lease TypeTriple Net Lease (NNN)
  • DirectionGPS

Utilities

  • UtilitiesPublic Water

Photos

  • Photo Date2019-05-06T22:11:00
  • Number of Photos6

Other

  • Modification Date2019-05-10T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresSeller provided all details. Buyer and buyer’s agent must verify all information and perform their own due diligence.
  • Book999
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf5835
  • ExchangeNo
  • Firm Rmk1Sale as is. Serious buyer only. Must sign DNA form and show proof of funds before showing
  • Page999
  • View Count18

Location

  • Streetconfidential
  • TownSalem
  • StateMA
  • Zip01970
  • CountyEssex
  • NeighborhoodSalem Willows
  • LocationPark, Shopping Mall, Strip, Historic, Free Standing, Highway Access, Public Transportation, Neighborhood

Property

  • Acreage0.16
  • Space AvailableFor Sale
  • Site ConditionDry
  • Square Feet5,838
  • SubletNo
  • Lot Size6970
  • Gross Annual Income90396
  • Condo AssociationNo
  • Assessed Value Land99999
  • Main LoBB5675

Salem, MA Demographics

There is no data available

Salem, MA Real Estate Market Data

There is no data available

Salem, MA Schools

School NameDistanceTypeGrades

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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