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$ 5,900,000
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1.09 Acres Lot
$ 5,900,000
Est. payment | /mo
1.09 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73299978
HOA Y/N false
Year Built 1925
Annual Tax Amount $60,352
Tax Year 2024
Lot Size 1.090 Acres
Acres 1.09
Property 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.
Location
State MA
County Essex
Zoning COO & RS2
Direction Use GPS
Exterior
Waterfront false
Total Parking Spaces 37
Others
Senior Community false
Listed by Coldwell Banker Realty - Andover