114 Pleasant St. Active

Marblehead,MA 01945

$ 585000

- Bed

- Bath

1726 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,726 sqft

Price per Sqft $338

MLS Listing ID 73243364

Year Built 1900

Annual Tax Amount $3,782

Tax Year 2024

Property Description

Prime Downtown Marblehead Location.On-going restaurant operation has exercised option to extend current net lease. Great Tenant. Solid income. (Lease Terms and income numbers upon request.) Tenant pays property taxes and building insurance in addition to base rent. Subject property maintains exclusive ownership and use of paved driveway. The building has been well maintained. Improvements include newer rubber membrane roof, newer heat and air conditioning. Open interior floor plan with high ceilings. 1 Handicap accessible bathroom. High traffic count, solid neighboring retail and office space.`Purchase is for the Building only. On going Restaurant Business not included in purchase. Subject property retains 54% interest in the condominium that includes 112 Pleasant St. (currently "Worldly Pets").

Location

State MA

County Essex

Zoning B1

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available,110 Volts

Roof Type Rubber

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