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96 Beach Rd
Salisbury Beach, MA 01952
The Hungry Traveler: $$ Doing it Right!$$ · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Commercial/Residential Zoned - Multi Unit Residential, Hotel , Function Facility ..... Endless Possibilities
  • CORONA-19 No Match Here! 2 1/2 acres of land,zoned for hotel,business or residential Near beach, rapidly populating location.
  • Motivated owners
  • Multiple Streams of Income=PROFIT
  • High Traffic Count
  • Area Landmark Since 1970

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
16,600 SF
Building Class
C
Year Built/Renovated
1970/2000
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.15
Lot Size
2.55 AC
Zoning
5 - Mixed. Use. Zone Commercial/resideential, businness use 10,000 SF. buiilding
Parking
100 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
462’ on Beach Rd

AMENITIES

  • Signage

ABOUT 96 BEACH RD , SALISBURY BEACH, MA 01952

FOR DEVELOPERS North Shore Coastal Multi-Zoned 2 1/2 acres Real Estate We have 21/2 acres next door for sale also for a total of 5 acres! Interested now? OFFERING PRICE: $2,500,000 for EVERYTHING Make an offer! FOR EXPERIENCED RESTAURANT OWNERS Buy SUCCESSFUL Restaurant Business for $400,000 , $200,000 down w firm option to buy Real Estate within a year! Build your business first PROPERTY TYPE: Mixed Commercial/Residential Landmark Including: 2 single family homes, 5 cabins, 2 garages & approx.10.000 sq. ft. restaurant & functions with 2 floors LOT SIZE: 2 ½ acres YEAR BUILT: 1970 TAX RATE: $11.86/thousand REAL ESTATE APPRAISAL: $2,050,000 .........CURRENT BUSINESS: LANDMARK RESTAURANT Full service, established Seafood/American Restaurant, POPULAR & HOLDING THEIR OWN DURING COVID19 CRISIS. LOCATION: Salisbury, Ma. only seconds from the Beach, Very active, numbered route guarantees high traffic daily! Area growing by leaps and bounds. SALES VOLUME: Pre-Covid ave. $50K/wk, Post Covid: 1st Week Open OUTSIDE ONLY made $30k. Hungry Traveler can’t miss! LEASE: Reasonable …TBD SQUARE FEET: approx.10.000 sq. ft. restaurant & functions with 2 floors. .Restaurant is fully sprinkled and has town sewerage. HOURS: Currently 11:30-8 pm Subject to change. 1:00 a.m. Liquor License SEATING: Dining-150 seats & bar, 2nd floor functions 80 seats & 23-seat bar COMMENTS: LOYAL CUSTOMER BASE SAYS IT ALL! Established, and a big hit, post Covid! Close to a pristine seacoast. Great town officials make this an easy spot to take over this very successful location. Salisbury is a wonderful coastal town with all the small town features that vacationers love with an over active ocean front boulevard made up of novelty shops, pizzerias, and food outlets. Restaurant could easily be repositioned for an 'all functions' or bldg. or expanded to accommodate 'entertainment' (lacking in area). Looking for a seasoned operator, with solid financial footing as this could be your best buy of the decade. Owners are retiring allowing you to take over this landmark. For a professional showing of this lovely spot please call, text or email Marie 978-902-0350 ellesell3@gmail.com or Dennis 617-721-9655 dserpone@comcast.net or Ed 978-715-5405 edwardfwilliams@gmail.com ALL INFORMATION IS FURNISHED BY SELLER: BROKER DOESN’T CERTIFY, WARRANT THIS INFO. This 9960 Sq. ft Restaurant was built in 1970 and expanded in 2000. The property includes a well loved seafood, steak, and varied menu. In addition, there is a lounge with a full bar ,separate entrance and more seating, and a function room with a full bar and restrooms on the second floor. There is an amazing, well flowing 2000 Sq. ft kitchen which is ready to go with ovens, friers, dish area, prep area, walk-in refrigeration, service bar, storage, and many recent upgrades. 100+ car parking lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SALI M:24 P: 38
Land Assessment
$554,800
Improvements Assessment
$1,245,900
Total Assessment
$1,800,700
  • Listing ID: 17328166

  • Date on Market: 9/30/2019

  • Last Updated:

  • Address: 96 Beach Rd, Salisbury Beach, MA 01952

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