Price Reduced 10.17%

$5,300,000 ($627.00 per sqft)

Est. Mortgage $26,800/mo *

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122-132 Main Street, Essex, MA, 01929

122-132 Main Street, Essex, MA, 01929
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0 beds

1925

8,453 sqft

Contractors, investors & developers take notice! RARE OPPORTUNITY to purchase 1.09 acres of adjacent lots currently home to a restaurant and motel/inn. This is an amazing development opportunity for waterfront condominiums with picturesque views of the Essex River looking at Cranes Beach and Hog Island. This development includes 17 private dock slips on the water encompassing both properties. Property is on town water and sewer. Parking is plentiful however seller will entertain a sale at an additional neighboring property for more parking. Possibilities here are endless. Located along the Essex Causeway this property offers close proximity to so much! Restaurants, shopping, marinas and much more. Accessible to routes 133, 22, 1A and 95. This is the perfect location for your next project! Property is occupied, accompanied showings only. No person/s are allowed on the property without list agent or representatives. Buyer and buyer's agent to do their own full due diligence.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

COO & RS2

Parking:

37-car, Paved Drive, Off Street

Acreage:

1.09

Est. Taxes:

$60,352

Assessment

$4,198,000

Lot Description:

Corner Lot

View Description:

Scenic View(s)

Waterfront:

Yes

MLS #:

73299994

Facilitator Compensation:

2%

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Piantidosi Group, Coldwell Banker Realty - Andover Phone: 978-475-2201