Marblehead, MA Homes For Sale | Vylla Home
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Marblehead MA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Marblehead, MA is $986,000. This is higher than the county median home value of $534,900. The national median home value is $308,980. The average price of homes sold in Marblehead, MA is $986,000. Approximately 72% of Marblehead homes are owned, compared to 21% rented, while 7% are vacant. Marblehead real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Marblehead real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
3.00
Sq.Ft.:
1,048
Status:
Active
MLS#:
73204337
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1900
Courtesy: Lynne Breed - Sagan Harborside Sotheby's International Realty Lynne Breed

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.

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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.

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