Real Estate--Salem, MA (Busy route 107)
Location: Massachusetts > Essex County > Salem
Industry: Real Estate > Comm. and Res. Real Estate Brokers
Financials
Asking Price: $1,999,000
Real Estate: $1,999,000 (Included in Asking Price)
Seller Financing: None
Business Summary
This prime real estate property is comprised of 1.61acres with an operating 1,782 sq. ft. Commercial Garden Center built in 1920 and a fully rented 2,762 sq. ft. 2 family residential house built in 1935 as well as a landscaping yard in the back for trucks, mulches, etc. 2009 Property taxes are $15,658 for all 3 parcels. So many uses for this prime piece of real estate in Salem, MA. Not many parcels this size left in town. Clean 21-E (May 2008). Join the many national brands on this busy road. Broadest possible zoning on this B2 lot which allows pharmacy, bank, retail, automotive, supermarket, restaurants, professional/medical/dental/office building, motel, etc. on corner lot.
About the Business
Year Established: 1994
Facilities: This prime real estate property is comprised of 1.61acres with an operating 1,782 sq. ft. Commercial Garden Center built in 1920 and a fully rented 2,762 sq. ft. 2 family residential house built in 1935 as well as a landscaping yard in the back for trucks, mulches, etc. 2009 Property taxes are $15,658 for all 3 parcels.
Market Outlook and Competition: So many uses for this prime piece of real estate in Salem, MA. Not many parcels this size left in town. Clean 21-E (May 2008). Join the many national brands on this busy road. Broadest possible zoning on the B2 lot which allows pharmacy, bank, retail, automotive, supermarket, restaurants, professional/medical/dental/office building, motel, etc. on corner lot.
About the Sale
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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