Sold!
$1,300,000
3.58
Acres
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Property Description
Active income-producing mixed-use site in North Shore Waterfront Community of Salisbury, MA with opportunity for Value Add and/or Development.  Located over the bridge from Newburyport Harbor, this site sits within Salisbury’s Commercial Business Zoning district. It consists of three adjacent parcels for a combined total of 3.58 acres, with 320 feet of frontage. The property presents possibilities for commercial users, investors, and developers. The Commercial Zoning allowed uses include hotels, retail, restaurants, wholesale trade and distribution, professional businesses, among many others, by right. This long-established site is currently home to multiple businesses including a bait shop, an auto sales business, car wash, and 9 residential rental units, 7 of which are income-producing.
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Highlights
- Acres: 3
- Year Built: 1930
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Zoning: C-Comm
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2024
- Taxes: $17,016
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