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126 Newbury St
Danvers, MA 01923
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
11,490 SF
Building Class
B
Year Built
1969
Building Height
2 Stories
Building FAR
0.18
Lot Size
1.50 AC
Zoning
HC
Parking
82 Spaces (7.14 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Restaurant
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

ABOUT 126 NEWBURY ST , DANVERS, MA 01923

OFFERING PRICE $2,350,000 Includes Land, Building, All Assets, Full liquor License, Extra Parcel PROPERTY TYPE: Highway/Commercial (zoned HC), Free Standing Building PROPERTY SUB-TYPE: Commercial Restaurant/OTHER COMMERCIAL USE LOCATION: Route 1 No. Shore, Ma. Traffic Count 41,000 VPD, Parking Lot w 82+ spaces LOT SIZE: 1 ½ acres land (2 lots of land = 1 ½ acres approximately in total) Footprint: approx. 8,810 sq. ft. YEAR BUILT: 1969 Commercial Tax Rate: $21.19 TYPE OF CURRENT BUSINESS: Currently successful, prominent Full Service Restaurant/Pub/Function Facility/Turn Key SALES VOLUME: $32,000 ave. SQUARE FOOTAGE: 2 floors-5745 sq. ft. each floor including Dining Room, Lounge, 3 function rooms, fully sprinkled SEATING: Dining Room: 80 Seats Bar Area: 61 Seats, Large Function Room 150 seats (but rated for 200 seats), 2 smaller between 40-80 seats each, Patio seating Surrounding Demographics: over 57,300 people, including average income of $81,000+ living within a 3-mile radius. NDA will Be REQUIRED . If seriously interested after viewing, recent property appraisal (1/2019) available….over $2M http://www.city-data.com/city/Danvers-Massachusetts.html If seriously interested, please call, text or email me and I will get in touch with you. Please leave a message if you do not reach me. I will be lining up appointments for next week. Looking forward to hearing from you. Marie Marie Feudo V.P. New England Restaurant Brokers/R.E. Email: ellesell3@gmail.com Tel: 978-902-0350 ALL INFORMATION IS FURNISHED BY SELLER: BROKER DOESN’T CERTIFY, WARRANT THIS INFO. OFFERING PRICE $2,350,000 Includes Land, Building, All Assets, Full liquor License, Extra Parcel PROPERTY TYPE: Highway/Commercial (zoned HC), Free Standing Building PROPERTY SUB-TYPE: Commercial Restaurant/OTHER COMMERCIAL USE LOCATION: Route 1 No. Shore, Ma. Traffic Count 41,000 VPD, Parking Lot w 82+ spaces LOT SIZE: 1 ½ acres land (2 lots of land = 1 ½ acres approximately in total) Footprint: approx. 8,810 sq. ft. YEAR BUILT: 1969 Commercial Tax Rate: $21.19 TYPE OF CURRENT BUSINESS: Currently successful, prominent Full Service Restaurant/Pub/Function Facility/Turn Key SALES VOLUME: $32,000 ave. SQUARE FOOTAGE: 2 floors-5745 sq. ft. each floor including Dining Room, Lounge, 3 function rooms, fully sprinkled SEATING: Dining Room: 80 Seats Bar Area: 61 Seats, Large Function Room 150 seats (but rated for 200 seats), 2 smaller between 40-80 seats each, Patio seating Surrounding Demographics: over 57,300 people, including average income of $81,000+ living within a 3-mile radius. NDA will Be REQUIRED . If seriously interested after viewing, recent property appraisal (1/2019) available….over $2M http://www.city-data.com/city/Danvers-Massachusetts.html If seriously interested, please call, text or email me and I will get in touch with you. Please leave a message if you do not reach me. I will be lining up appointments for next week. Looking forward to hearing from you. Marie Marie Feudo V.P. New England Restaurant Brokers/R.E. Email: ellesell3@gmail.com Tel: 978-902-0350 ALL INFORMATION IS FURNISHED BY SELLER: BROKER DOESN’T CERTIFY, WARRANT THIS INFO. OFFERING PRICE $2,350,000 Includes Land, Building, All Assets, Full liquor License, Extra Parcel PROPERTY TYPE: Highway/Commercial (zoned HC), Free Standing Building PROPERTY SUB-TYPE: Commercial Restaurant/OTHER COMMERCIAL USE LOCATION: Route 1 No. Shore, Ma. Traffic Count 41,000 VPD, Parking Lot w 82+ spaces LOT SIZE: 1 ½ acres land (2 lots of land = 1 ½ acres approximately in total) Footprint: approx. 8,810 sq. ft. YEAR BUILT: 1969 Commercial Tax Rate: $21.19 TYPE OF CURRENT BUSINESS: Currently successful, prominent Full Service Restaurant/Pub/Function Facility/Turn Key SALES VOLUME: $32,000 ave. SQUARE FOOTAGE: 2 floors-5745 sq. ft. each floor including Dining Room, Lounge, 3 function rooms, fully sprinkled SEATING: Dining Room: 80 Seats Bar Area: 61 Seats, Large Function Room 150 seats (but rated for 200 seats), 2 smaller between 40-80 seats each, Patio seating Surrounding Demographics: over 57,300 people, including average income of $81,000+ living within a 3-mile radius. NDA will Be REQUIRED . If seriously interested after viewing, recent property appraisal (1/2019) available….over $2M http://www.city-data.com/city/Danvers-Massachusetts.html If seriously interested, please call, text or email me and I will get in touch with you. Please leave a message if you do not reach me. I will be lining up appointments for next week. Looking forward to hearing from you. Marie Marie Feudo V.P. New England Restaurant Brokers/R.E. Email: ellesell3@gmail.com Tel: 978-902-0350 ALL INFORMATION IS FURNISHED BY SELLER: BROKER DOESN’T CERTIFY, WARRANT THIS INFO.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
DANV-000040-000000-000082
Land Assessment
$1,039,200
Improvements Assessment
$643,800
Total Assessment
$1,683,000
  • Listing ID: 17328143

  • Date on Market: 9/30/2019

  • Last Updated:

  • Address: 126 Newbury St, Danvers, MA 01923

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