$875,000
4,044
Living Area
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Property Description
Incredible North Shore Retail Purchase opportunity, 4,044 SF free-standing 2-Story Retail building, turn-key restaurant and long-established catering operation. Located on busy Route 1A with prominent frontage, the building sits on a 1.5-acre lot and was the long-time home of the iconic and celebrated Ipswich Clambake restaurant. Amazing opportunity for a new operator to come in and run a lucrative in-house and take out restaurant. It’s also an opportunity to run a well known catering business and regional mainstay for clambakes, BBQ’s, corporate outings, weddings, reunions and other functions. The sale will include trade fixtures, food preparation equipment, a fleet of vehicles for transport, serving china, chafing dishes and silverware. Property sold "As Is". Rights to trade name “Ipswich Clambake” are also available for an additional price.
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Highlights
- Acres: 1
- Property Class: Commercial Sale
- Status: Closed
- Parking Spots: 15
- Year Built: 1973
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Additional Details
- Zoning: Hb
- Zoning Description: Legal Conforming
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Facilitator Compensation: 2%
- Taxes: $7,753
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Listing information provided courtesy of Coldwell Banker Realty - Andover.
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