29 Plum Island TpkeNewbury, MA 01951

Property Details for 29 Plum Island Tpke

Property size (Sq ft)

2,400 SF

Property type

Commercial real estate

Description

This exceptional business opportunity presents the chance to acquire the well-established Plum Island Provisions, a thriving establishment located at 29 Plum Island Turnpike in Newbury, Massachusetts (01951). Boasting a prime location on Plum Island, this 2,400 square foot, Class B property has served residents and tourists for over 40 years. The business includes a fully equipped kitchen featuring a hood, pizza oven, fryolator, deli counter, walk-in refrigerator and freezer, dough maker, and a point-of-sale system. Its unique combination of grocery store and full kitchen provides a strong foundation for continued success. The asking price is $150,000, and the current occupancy date is November 1, 2024. The property is zoned AR4, and the landlord is open to negotiating a new lease. Strong sales history provides a solid base for growth, with opportunities to expand offerings and capitalize on the year-round potential of this iconic location. This turnkey operation is ready for a new owner to implement their vision and build upon its existing success. The business is classified as a hospitality-focused owner/user investment. Don't miss this chance to own a piece of Plum Island's rich history and vibrant community.

Location Insight

City

Newbury

County

Essex

State

Massachusetts

Latitude

42.7986

Longitude

-70.8098

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