122-132 Main Street Essex, MA
$5,300,000
Square Feet 8,453
Acres 1.09
Description
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.
Listed by Coldwell Banker Realty - Andover, Piantidosi Group
Details
MLS 73299994
Status Active
Price $5,300,000
DOM 68 days
Type Multi-Family
Square Feet 8,453 sqft
Lot Size 1.09 acres
Year Built 1925
Lot & Building Features
Sewer Public Sewer
Tax Year 2024
Taxes Paid $60,352
Water Public
Foundation Block
Parking Off Street, Paved Drive
Garage Spaces 0
Waterfront Marina, Waterfront, River, Marsh
Waterview Dock/Mooring, River, Ocean, Marsh, Marina
Map
Get Directions
Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.