MLS® ID: 72377034

92 Beach Rd

Salisbury, Massachusetts, 01952

$2,700,000 Active
  • 16852 SQFT
Prime Location Real Estate and Thriving Restaurant. The Hungry Traveler, a long time tourist and local favorite for seafood and steak. This family run restaurant is very profitable and expandable. The package includes the business and all fixtures, a 9968 Sq. Ft commercial building where the restaurant presides, 2 single family homes, 2 cottages, and 1 three unit motel style building. Sq. Footage of all RE over 16,884 and sits on 2.55 Acres with over 100 parking spots. Located on the main way to the beach where tourism is very strong, the traffic count is ~18,000, local vacations rentals and motels at full capacity during prime season. Area development includes a 216 unit apartment complex at capacity as well as a 300 unit condo development in the pipeline which will increase year round clientele. The restaurant does ~2000 covers per week summer and ~1500 per week off season. The residential real estate which is included could be expanded to increase rents...
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Listing courtesy of Coldwell Banker Residential Brokerage - Newburyport, Melissa Corkum

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    01952
  • Office name
    Coldwell Banker Residential Brokerage - Newburyport
  • SQFT
    16852
  • Bedrooms
    0
  • Property type
    Commercial/Industrial
  • Zoning type
    5
  • Year built
    1970
  • Tax year
    2018
  • Agent name
    Melissa Corkum
  • Tax amount
    $ 16631.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    7843
  • Agent ID
    452000713

Location

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