Price Reduction
Address
31-35 Market Sq # 1, Newburyport, MA
Price
$ 1,599,900
Property Attributes
  • MLS#73198684
  • TypeCommercial
  • CountyESSEX
  • CityNewburyport
  • Zip01950
  • StyleCommercial Condo
  • Year Built1800
  • Taxes$ 9915
  • Price$ 1,599,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Highly Visible Restaurant Space that is Turn Key! Available at price is Real Estate which includes a fully furnished and equipped established and profitable business well known for Italian food plus popular turn key bar. Total of 178 seats including 74 inside including bar seating, plus 68 rear and 36 front patios open seasonally and all outside furnishings are included. The property has very high end Italian equipment, wood fired oven and complete lower level prep kitchen, office, walk in and locking storage. All systems and equipment was installed new and a full water filtration system, music in and out and multi point POS system was also installed.

Price History
2/1/2024 Listed $1,799,900
4/24/2024 12% - $1,599,900

General Features

Utilities Public Water
Roof Asphalt/Composition Shingles
Zoning restaurant
Year Built 1800
Unit Number 1
Tax Year 2023
Business Type Commercial Condo
County Essex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Market Square where State,Water and Merrimac intersect,Inn Street
City Newburyport
Disclosures Details on business available to qualified buyer after POF and acceptable offer with subject to condition to be met prior to P and S
Senior Community Y/N No
Zoning Description Other (See Remarks)
Waterfront Y/N No
Street Name Market Sq
Tax Annual Amount 9915
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01950

Price
AVG $150K
$1.6M
Taxes
AVG $5,884
$9,915
Visits
AVG 123
260
Data Provided by Inside Real Estate®
Year Built
AVG 1910
1800

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