Commercial for Sale: 122-132 Main Street, Essex, MA 01929

$6,000,000
$6,000,000
122-132 Main Street, Essex, MA 01929
$6,000,000
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Price:
$6,000,000
$750,000 - 05/13/2024

Type Commercial
Lot Size 1.09 acres
Year Built 1925

City Essex
County Essex

MLS 73216927
Status Active Under Contract
DOM 101 days
Rare Essex Waterfront opportunity consisting of an 8,338 sq ft well known, popular restaurant with full liquor license and total seating for 225. Iconic views of the Essex River and Marsh out to Crane Beach and Hog Island from every window. Includes 2 water front decks. Additional offering includes a turn key 14 room Motel and 6 room Inn with numerous bathrooms and guest room upgrades, some with fireplaces and sitting areas. The Motel and Inn have an excellent seasonal rental history and Off Premises Liquor License. Rounding out this offering are 16 boat slips (across two docks; one with 5 slips; one with 11) also with solid seasonal rental income and wait list. Property offers numerous possibilities for development. Extensive parking on site plus additional leased parking across the street.

Lot & Building Features

Tax Year 2024
Taxes Paid $60,352

Price History of 122-132 Main Street, Essex, MA

Date Name Price Difference
05/13/2024 Price Adjustment $6,000,000 11.11%
03/27/2024 Listing Price $6,750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 122-132 Main Street, Essex, MA

Location Map Street View
Photo of Ling He
Ling He
Realtor
Direct: 805-284-8988
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by J. Barrett & Company, Alexandra Cutler
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6.75%
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122-132 Main Street (MLS #73216927) is a commercial listing located in Essex, MA. This commercial listing is on a lot of 47,597 sqft (or 1.09 acres) and is 99 years old. This property was listed on 03/27/2024 and has been priced for sale at $6,000,000.

Nearby zip codes are 01930, 01938, 01944, 01982 and 01984. This property neighbors other cities such as Gloucester, Hamilton, Ipswich, Manchester and Wenham.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: J. Barrett & Company

The property listing data and information 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 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 set forth herein.