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    2 Bridge Street

    Salem, MA 01970
    • $1,500,000
    • STATUS: Active
    • MLS #: 72723784
    $1,500,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,774
      SQFT
    • $397
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Faulkner Commercial Group of Keller Williams Realty.

    Description

    Rare opportunity to acquire a waterfront restaurant property mid-renovation. The design work is completed to transform this local landmark into a trophy waterfront restaurant. Previously this restaurant has been a single level, plans are now complete to move the prep kitchen, restrooms, office, storage, employee space & a large service window for the patio downstairs, leaving the upstairs as dining, open kitchen, private dining/ small functions & bar, with extensive outdoor seating on wraparound decks to enjoy the views. There is a tidal dock on the water that facilitates dockside pickup & adds additional ambiance. The design is fully compliant, no variances required! This sale includes a full liquor license, there are currently no more available in Salem. Designs for the rooftop include an eco-friendly green roof with a vegetable & herb garden, it has the possibility to be a rooftop deck for patrons with additional ADA compliance. Interior has been gutted to make way for renovations.

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    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. Data last updated 2020-12-04T00:07:22.51.
    www.cosmopolitanrealestate.net/homes/109868337
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    2 Bridge Street Salem, MA 01970

    • Price: $1,500,000
    • Status: Active
    • MLS #: 72723784
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    3,774
    SQFT
    $397
    $/SQFT
    1930
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Rare opportunity to acquire a waterfront restaurant property mid-renovation. The design work is completed to transform this local landmark into a trophy waterfront restaurant. Previously this restaurant has been a single level, plans are now complete to move the prep kitchen, restrooms, office, storage, employee space & a large service window for the patio downstairs, leaving the upstairs as dining, open kitchen, private dining/ small functions & bar, with extensive outdoor seating on wraparound decks to enjoy the views. There is a tidal dock on the water that facilitates dockside pickup & adds additional ambiance. The design is fully compliant, no variances required! This sale includes a full liquor license, there are currently no more available in Salem. Designs for the rooftop include an eco-friendly green roof with a vegetable & herb garden, it has the possibility to be a rooftop deck for patrons with additional ADA compliance. Interior has been gutted to make way for renovations.
    Exterior Features

    Construction Frame Location SuburbanFree StandingPublic TransportationCentral Business District Parking Features Open11-20 SpacesPaved DrivewayOff SiteOn Site Parking Spaces 17 Roof Material Tar & Gravel Site Condition Level Stories 1

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 3774.00 Restrooms 2 Rsf Building Sq Ft 0.00 Total Building Sq Ft 3774.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 415300.00 Assessed Value Land 371100.00 Assessed Value Total 786400.00 Commercial Industrial Type Commercial Disclosure No Disclosures All information Has Been Obtained From Public informationownerand Other Sources Deemed To Be ReliableProspective Buyers Contemplating This Acquisition Are Urged To Conduct Appropriate Due Diligence As To Facts Related To Their Specific Use. The Business Will Transfer As An Asset Sale. Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 22349.00 Total Units 1 Utilities Public WaterPublic Sewer110 Volts220 Volts Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning B2

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Faulkner Commercial Group of Keller Williams Realty.


    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. Data last updated 2020-12-04T00:07:22.51.
     
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    Cosmopolitan Real Estate Inc.
    23 Salem Street
    Medford MA, 02155
    Listing courtesy of Faulkner Commercial Group of Keller Williams Realty.