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Map
$1,164,817*
●
Commercial -
Off Market
2 Bridge Street
Salem, MA 01970
Studio
0 Bath
3774 Sqft
$900,000 - $1,100,000
Reference Base Price*
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model
About This Property
Reduced! Rare opportunity to acquire a waterfront restaurant
property mid-renovation. The design work is completed to transform
this local landmark into a trophy waterfront restaurant. Previously
this restaurant has been a single level, plans are now complete to
move the prep kitchen, restrooms, office, storage, employee space &
a large service window for the patio downstairs, leaving the
upstairs as dining, open kitchen, private dining/ small functions &
bar, with extensive outdoor seating on wraparound decks to enjoy
the views. There is a tidal dock on the water that facilitates
dockside pickup & adds additional ambiance. The design is fully
compliant, no variances required! This sale includes a full liquor
license, there are currently no more available in Salem. Designs
for the rooftop include an eco-friendly green roof with a vegetable
& herb garden, it has the possibility to be a rooftop deck. The
interior has been gutted to make way for renovations.
The manager has listed the unit size as 3774 square feet.
The manager has listed the unit size as 3774 square feet.
Unit Size
3,774Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
Commercial
Property Taxes
$22,349
HOA Dues
-
Year Built
1930
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 25, 2021 | No longer available | - | |
No longer available | |||
May 11, 2021 | Relisted | $1,000,000 | |
Relisted | |||
Apr 29, 2021 | In contract | - | |
In contract | |||
Mar 4, 2021 | Relisted | $1,000,000 | |
Relisted | |||
Feb 17, 2021 | In contract | - | |
In contract |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
10
Beds
6
Baths
-
$875,000
Mar 22, 2016
$875,000
Jun 22, 2016
$639/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/10/2020
|
|
Loft
|
-
|
3774 ft²
|
$1,500,000
Loft
-
3774 ft²
|
-
-
|
-
|
-
|