261 Washington Street #1, Marblehead, MA 01945 | MLS 73204337 | Listing Information | Vylla Home
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FOR SALE
$999,000
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261 Washington Street #1
Marblehead, MA 01945

Business Opportunities
Commercial
3
Baths
1,048
Sq. Ft.
0.13
Acre Lot
Courtesy: Lynne Breed - Sagan Harborside Sotheby's International Realty

Description for 261 Washington Street #1 Marblehead, MA 01945

Vylla Home> Massachusetts> Marblehead> 01945
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 exclusive 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.

Property Details

73204337
Commercial - Business Opportunities, Other
3
1900
Essex
0.13 Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Lynne Breed - Sagan Harborside Sotheby's International Realty
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
This content last refreshed on 5/4/2024 5:38 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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