For Sale
$1,600,000

Historic Newburyport Ma Newburyport, MA undefined

Profitable MA Coast Restaurant, 10,000 SF

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional, Class A restaurant in historic Newburyport, Massachusetts presents a rare investment opportunity. Boasting 10,000 square feet in a single-story building, this well-established eatery is one of the most renowned in the city. Its sophisticated, white-tablecloth setting comfortably accommodates over 100 guests, perfect for both intimate dinners and larger events. A full liquor license allows for maximizing revenue through a diverse drink menu. The kitchen is a chef's dream, meticulously maintained and equipped with a blend of modern and new appliances, ensuring efficient and high-quality food preparation. This allows for innovative menu options and catering to current culinary trends. The restaurant's prime location in a desirable coastal city draws both locals and tourists, with convenient parking nearby increasing foot traffic. Beyond elegant table seating, ample bar seating fosters a vibrant atmosphere, encouraging guests to linger and enjoy the experience. Consistent year-round patronage and strong sales growth demonstrate significant potential. A dedicated, fully staffed team ensures exceptional service, contributing to the restaurant's success and profitability. The asking price is $1,600,000. A confidentiality agreement and proof of funds are required for further details.

Highlights

  • $1,600,000 asking price for a Class A, 10,000 square foot restaurant.
  • Located in Historic Newburyport, MA.
  • Upscale, 100+ seat restaurant with full liquor license.
  • Modern, well-maintained kitchen with high-end equipment.
  • Prime location with easy access to parking.
  • Strong sales history and dedicated staff.

Property Details for 0 Historic Newburyport Ma

Property type
Hospitality properties
Square Feet
10,000 SF
Class
A
Buildings
1
Stories
1

Location Insight

City
Newburyport
County
Essex
State
Massachusetts

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FAQs

What type of property is this?
Hospitality property - Profitable MA Coast Restaurant, 10,000 SF
Where is the hospitality property located?
The property is located at Historic Newburyport Ma Newburyport, MA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: $1,600,000 asking price for a Class A, 10,000 square foot restaurant.; Located in Historic Newburyport, MA.; Upscale, 100+ seat restaurant with full liquor license.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Frank Bertolino
Frank Bertolino
Viken Dumeciyan
Visit Broker Website

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Historic Newburyport Ma
Newburyport, MA undefined

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Disclaimer

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0 Historic Newburyport Ma
  • Frank Bertolino
    Frank Bertolino
  • Viken Dumeciyan
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