Active

122-132 Main Street

Essex MA, 01929

$6,000,000


Active

Commercial

Built in 1925

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.

73216927

MLS ID

March 27, 2024

Listed

May 17, 2024

Updated

Map

122-132 Main Street
Essex MA, 01929

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.09 Acres

Other Property Details

Taxes

$60,352


Tax Frequency

Annually


Garage

No


Parking Total

37


View

No


County

Essex


Pool

No


Zoning

COO & RS2


Buyer Agency Compensation

1%

Listing History

Date

Event

Price

5/13/2024

Price Change

$6,000,000

-12%

 

Courtesy of Alexandra Cutler, J. Barrett & Company

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Data last updated 9:37 AM UTC, 5/17/2024

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