122-132 Main Street Essex, MA

$5,300,000
Acres 1.09
Photo of 122-132 Main Street Essex MA 01929




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 73299995
Status Active
Price $5,300,000
DOM 64 days
Type Lot/Land
Lot Size 1.09 acres

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $60,352
Water Public
Waterfront Dock/Mooring, Waterfront, River, Marsh, Marina
Waterview Marina, River, Ocean, Marsh

Map

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Financing

$
20%
1%
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.


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