The Mavroules Team - Atlantic Coast Homes

301 Essex St, Salem, MA 01970

Commercial

$2,000,000
Price

1
Buildings
Commercial
Type of Comm.
6,175.00
Lot Size
Great development potential opportunity in Salems blossoming downtown district.. B5 zoned for residential over commercial. Approx 3 yrs left on current lease. Main floor has approx 15' ceilings . Basement floor approx 8' ceilings . Newer boiler heating system approx replaced in 2010.
Open House
No scheduled Open Houses
Highlights
Lot Size: 6,175.00
Acres: 0.14
List Price: $2,000,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 1
Buildings: 1
Year Built: 1900
MLS#: 72270071
 
 
Exterior
Acres: 0.14
Lot Size: 6,175.00
Construction: Brick
Roof Material: Membrane
Site Condition: Dry
Location: Downtown, Public Transportation, Corner Lot
Utilities: Public Water, Public Sewer, Other (See Remarks)
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $343,200
Assessed Land Value: $243,500
Exchange: No
Gross Annual Expenses: $20,595
Gross Annual Income: $57,000
Taxes: $17,595
Tax Year: 2017
Net Operating Income: $36,405
Book/Page: 4582/374
Sublet: No
Total Assesed Value: $586,700
Zone Description: Legal Conforming
Features
Retail Sq. Ft.: 7,619
Retail Units: 1
 
Additional
Disclosure Declaration: No
For Lease: No
Space Available: For Sale
Map
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The listing office is Atlantic Coast Homes and the listing agent is Barry Livingston. 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 it's 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. The data was last modified on 4/21/2018 3:05:00 AM.
 
The Mavroules Team
The Mavroules Team
Atlantic Coast Homes