Sold!
$4,200,000
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Property Description
Turn- key restaurant and Inn at Ring's Island for sale situated in Salisbury, MA with stunning views of the Merrimac River just across the bridge from downtown Newburyport. This 400 seat restaurant and an 18 room inn was purchased by the current owner in September of 2016. At the time of purchase the entire property went through an extensive two-million-dollar renovation, offering beautiful upgrades while still capturing the charm of the original building. The Inn is fully operational, and the restaurant is currently awaiting a new tenant/buyer. Both properties boasting stunning spaces, equipped for everything you need and more to host weddings, special events etc. The property is located within close proximity to unique shopping, fine dining, and access to the beach. Please see additional document for further information.
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Highlights
- Area: Rings Island
- Year Built: 1960
- Property Class: Business Opportunity
- Status: Closed
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Additional Details
- Construction: Frame
- Zoning Description: Legal Conforming
- Zoning: C
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Fees / Taxes
- Buyer Agent Compensation: 2%
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