2 Plum Island Boulevard, Plum IslandNewbury, MA 01950MLS Number 72164562

  • Price: $1,599,000
  • 129 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.27Acreage
  • 4007Square Feet
  • 2Street No
  • 1No Stories

Driving Directions

The property is being marketed for sale or lease with the sale of the award winning Plum Island Grille Restaurant operating on site. The Restaurant is one of only two full service Restaurant\Bars on Plum Island. The Restaurant has 126 seats with an additional 26 seasonal outdoor seats. Revenues Range: $1.4- $1.8 Million; Furniture, Fixtures, & Equipment (FF&E) of $173,514 along with inventory and other related assets are included in Selling Price. Additional information on the financials of the business will be provided after signing a confidentiality agreement. Purchase Option: Business offered at $499,000 with Real Estate at $1,100,000. Total purchase price for both is $1,599,000. Lease Option: Business being offered at $499,000 with a long term Triple Net Lease Option

Listed by William Stewart of Bean Group

Ask A Question

Do not fill in this field:

More Info

to get all available property details.

Basic Information

Other

Location

  • Street No2
  • Building Number2
  • StreetPlum Island Boulevard
  • Zip01950
  • StateMA
  • CountyEssex
  • NeighborhoodPlum Island
  • TownNewbury

Property

  • Acreage0.27
  • Parking Spaces20
  • Space AvailableFor Sale/Lease
  • Lot Size11979
  • Square Feet4007

Photos

Building

  • No Stories1
  • Parking FeatureOpen, 11-20 Spaces, Paved Driveway
  • Total Units1
  • Reu Units1

Exterior

Utilities

Sagan Realtors
Office: 781-593-6111
300 Salem Street
Swampscott, MA 01907

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: