34 Bridge RdSalisbury, MA 01952

  • Turn key restaurants
  • 3,678 SF
For Sale
$800,000 View listing

Property Details for 34 Bridge Rd

Year built
1953
Construction
FRAME
Lot size
2.17 AC
Property size (Sq ft)
3,678 SF
Zone code
C
Property type
Turn key restaurants
APN
SALI M: 2 P: 8
APU
SALIM2P8

Description

This exceptional restaurant and bar property, located at 34 Bridge Road in Salisbury, MA, is offered for sale at $800,000. The 3,678 square foot, single-story building sits on a 2.17-acre lot and boasts approximately 60 surface parking spaces. Built in 1953, the property is zoned CI, Salisbury and features a full-service restaurant with roughly 144 seats and a lounge/bar area with approximately 130 seats. A significant advantage is the inclusion of a full liquor license, along with Massachusetts state lottery and Keno permits. The current lease is a NNN lease with a 5-year term, renewing in January, at a monthly rent of $5,000. The building is a free-standing wood-frame structure on a flat lot, conveniently located off Route 1, a major commuter and business route leading to southern New Hampshire. The property benefits from its proximity to Salisbury Beach and downtown Newburyport, and easy access to Interstates 495 and 95. This presents a unique opportunity to acquire a well-established business in a high-traffic retail area with ample parking. The building height is 23 feet. This turnkey operation is ready for a new owner to continue its success.

Location Insight

City
Salisbury
County
Essex
State
Massachusetts
Latitude
42.8372
Longitude
-70.8621
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,599
$311,000
$416,200
$727,200
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