Sold!
$1,250,000
1.54
Acres
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Property Description
Magoni's Ferry Landing Restaurant. A Somerset institution since 1951, family owned and operated, where locals, friends, and visitors gather and meet, with plenty of room to accommodate large functions. Situated with a view, across the street from the Taunton River, and the busy Southcoast Waterfront. Located in the Slade's Ferry Economic Opportunity District in Somerset. Mixed use zoning for Commercial and Residential within guild lines. 1.54 acres with unlimited potential. Space adaptable to a number of concepts and tremendous upside. Owner looking for someone to take business to the next level. Present dining and liquor capacity for 296. Parking for 100 vehicles. Fireplace in the main dining room, separate pub area, and an addition with full service second bar. Full liquor license. Rare turnkey business opportunity with all fixtures, equipment, real estate, vintage memorabilia, original neon sign, and full liquor license included. Inventory list available to qualified buyers
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Highlights
- Acres: 1
- Property Class: Commercial Sale
- Status: Closed
- Parking Spots: 100
- Year Built: 1951
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Additional Details
- Zoning: c
- Zoning Description: Legal Conforming
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Fees / Taxes
- Buyer Agent Compensation: 2.5%
- Tax Year: 2022
- Facilitator Compensation: 2.5%
- Taxes: $12,593
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