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122-132 Main St

16,791 SF Specialty Building Offered at $5,300,000 in Essex, MA 01929

Executive Summary

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.

Property Facts

Price $5,300,000
Price Per SF $316
Sale Type Investment or Owner User
Property Type
Specialty
  • Specialty Marina
Building Class C
Lot Size 0.44 AC
Building Size 16,791 SF
No. Stories 2
Year Built 1925
Parking Ratio 2.2/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
ESSE-000136-000000-000003
Land Assessment
$1,257,600
Improvements Assessment
$402,900
Total Assessment
$1,660,500

zoning

Zoning Code C (commercial)
C (commercial)
  • Listing ID: 33578841

  • Date on Market: 10/20/2024

  • Last Updated:

  • Address: 122-132 Main St, Essex, MA 01929

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