William Raveis Real Estate
Cheryl Caldwell, William Raveis Real EstatePhone: (978) 609-1041
Email: [email protected]
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11
listing
1 of 11
Business OpportunityFor Sale
$949,000
261-1 Washington Street
Marblehead, MA 01945
Courtesy of Sagan Harborside Sotheby's International Realty - Lynne Breed
MLS Property Information Network
3Baths
1,048Sq Ft
Est. Mortgage
$4,999/mo

Wonderful opportunity for investors! $40K+ annual revenue from tenant, 6%+ cap rate. This is a commercial condo in prime downtown location with ample off-street parking. Sale is for the first floor condo-Unit 1, building only, with right to the basement. Current tenant manages successful restaurant. This unit has been owned by same owner for past 30+ years and has always been occupied by profitable and popular restauranteurs. This would be the ideal model for the next owner. This is a two unit condo association and second unit is on second floor and is a day spa separately owned. Showings only when restaurant is not open. Well managed and well maintained condo ready for you to become the new owner today.

Get in touch
Information courtesy of Sagan Harborside Sotheby's International Realty is subject to verification and is not guaranteed.
Community / School Information