261 Washington StreetMarblehead, MA 01945MLS Number 72815976

  • Price: $599,000
  • 25 Days on Market
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Federal 30-year interest rate: 2.96% last updated on May 6, 2021
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261 Washington Street Marblehead MA 01945
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  • 0.4Acreage
  • 1900Year Built
  • 2,700Square Feet
  • 10Parking Spaces

Driving Directions

Sale is for a first floor condo (unit 1y, building only not business) with exclusive right to basement in a two condo commercial building. Second floor is a spa separately owned. Unit 1 is currently leased to award-winning restaurant. Unit 1 has been owned by same owner for past 30 years has always been occupied by successful Italian-style restaurants, which would be the ideal concept for the end user. Potential buyer will inherit full build-out restaurant and full liquor license. Over 40K annual revenue, 6.75% cap.

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

More Info

Parking

  • Parking Spaces10
  • Parking FeatureShared
  • Total Parking Spaces10

Building

  • Year Built1900
  • Total Units1
  • Total Bldg Sf2700
  • No Buildings1
  • No Stories2
  • Entry OnlyNo
  • Assessed Value Bldg430000

Photos

  • Photo Date2021-04-27T09:14:00
  • Number of Photos1

Basic Information

  • MLS Number72815976
  • Prop TypeCI
  • Status Date2021-04-16T10:22:00
  • Date Listed04/16/2021
  • List Price$599,000
  • Price Per Square Foot$222
  • LeaseYes
  • Direction261 Washington St Marblehead
  • MLS StatusActive

Location

  • Unit No1
  • StreetWashington Street
  • TownMarblehead
  • StateMA
  • Zip01945
  • CountyEssex
  • LocationSuburban

Property

  • Acreage0.4
  • Space AvailableFor Sale
  • Square Feet2,700
  • SubletNo
  • Lot Size17424
  • Main LoAN5593

Other

  • Modification Date2021-04-27T09:14:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourceOwner
  • DisclosureNo
  • Listing AgreementExclusive Right to Sell
  • ExchangeNo
  • Firm Rmk1If interested, please first drive by property. For a showing or additional information please contact 978-758-1021.
  • View Count8

Marblehead, MA Demographics

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Marblehead, MA Real Estate Market Data

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Marblehead, MA Schools

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