156 Bridge RdSalisbury, MA 01952

Property Details for 156 Bridge Rd

Year built

1870

Construction

WOOD FRAME

Lot size

0.50 AC

Property size (Sq ft)

2,607 SF

Zone code

5

Property type

Commercial land

APN

SALI M:14 P: 4

APU

SALIM14P4

Description

This exceptional opportunity presents a 0.5-acre, level lot in Salisbury, Massachusetts, zoned for mixed-use development. Located on Bridge Road (Route 1), this property boasts a high traffic count of 14,588 vehicles daily (per MA DOT, 2002), offering unparalleled visibility and accessibility. The site has already received conditional site plan approval and an order of conditions for the construction of a 3,740 square foot mixed-use building. This approved plan includes 1,870 square feet of retail space on the first floor and a 1,870 square foot, three-bedroom apartment on the second floor, along with eight parking spaces, including one ADA-compliant space. The asking price is $395,000, representing a land value of $958,000 per acre. This prime location on Route 1, connecting Newburyport to the Massachusetts and New Hampshire seacoasts, is surrounded by thriving commercial businesses and restaurants, providing convenient access to major interstates. The property's cleared and level nature simplifies construction, and flexible financing options are available. All information has been obtained from the seller and public records

• Alternative Use

  Use

  Valuation

  Residential

  $493,346

  Hospitality

  $451,903

  Educational

  $375,978

  Medical

  $388,908

  Retail

  $584,854

Location Insight

City

Salisbury

County

Essex

State

Massachusetts

Latitude

42.8206

Longitude

-70.8684

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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