Sold!
$4,750,000
8,453
Living Area
-
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.
-
Highlights
- Acres: 1
- Parking Spots: 37
- Property Type: 5-9 Family
- Status: Closed
- Has View: Yes
- Property Class: Residential Income
- Year Built: 1925
-
Additional Details
- Foundation: Block
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Details: Approximate
- Zoning: Coo & Rs2
- Lot Features: Corner Lot
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
-
Amenities
- Parking Features: Paved Drive, Off Street
- Waterfront Features: Waterfront, River, Marina, Marsh
- Waerfront: Yes
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $4,198,000
- Taxes: $60,352
- Tax Year: 2024
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of LandVest, Inc., Manchester -by-the-Sea.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
