Prepared for : Jan-23-2021 02:53:13 am
Property Image

Previous Photo     1 of 37     Next Photo        Start Slideshow

Print Photo Sheet: 1   2   3   4   5   6   7   All  

2 Bridge Street
Salem, MA. 01970-4104

Essex County

Directions: Located On Bridge Street, Where The Essex Bridge Enters Salem.

MLS # 72723784 - Active
Commercial/Industrial Commercial

List Price $1,250,000 Zoning B2
List Date   Lot Size 19,201SF
Sale Price   Est. Street Front 0
Sold Date   Depth 0
Assessed Value $786,400 Waterfront  
Days on Market   Taxes $22,349.00
Square Footage 3,774 Tax Year 2020
# Units 1 Parking Spaces 17
Reduced! Rare opportunity to acquire a waterfront restaurant property mid-renovation. The design work is completed to transform this local landmark into a trophy waterfront restaurant. Previously this restaurant has been a single level, plans are now complete to move the prep kitchen, restrooms, office, storage, employee space & a large service window for the patio downstairs, leaving the upstairs as dining, open kitchen, private dining/ small functions & bar, with extensive outdoor seating on wraparound decks to enjoy the views. There is a tidal dock on the water that facilitates dockside pickup & adds additional ambiance. The design is fully compliant, no variances required! This sale includes a full liquor license, there are currently no more available in Salem. Designs for the rooftop include an eco-friendly green roof with a vegetable & herb garden, it has the possibility to be a rooftop deck. The interior has been gutted to make way for renovations.
Building Info
Retail Sq. Ft.   3774
Retail Units   1
Resi. Units   0
Wrhse. Units   2021
Total Units   1 Total Sq. Footage   0
# Restrooms   2
Construction   Frame
Driving Doors   0
Easements   0
Loading Docks   0
Location   Suburban, Free
   Standing, Public
   Transportation, Central
   Business District
Parking   Open, 11-20
   Spaces, Paved Driveway,
   Off Site, On Site
Roof   Tar & Gravel
Traffic Count   0
Utilities   Public Water,
   Public Sewer, 110 Volts,
    220 Volts
Financial Info
Building Assessed Value   $415,300 Land Assessed Value   $371,100
Additional Information
21E on File   No
Deed   Book: 37742, Page:
   565, Cert. #: 1908090046
Disclosure Declaration  
Disclosures   All
   information has been
   obtained from public
   information, owner, and
   other sources deemed to
   be reliable, prospective
   buyers contemplating this
   acquisition are urged to
   conduct appropriate due
   diligence as to facts
   related to their specific
   use. The business will
   transfer as an asset
Exchange   No
Foreclosure   No
Lease   No
Parcel #   M:37 L:0058
Short Sale   No
Site Condition   Level
Space Available   For Sale
Sublet   No
Year Built Source   PR
Zone Desc.   Legal

click here to view map in a new window

Property Last Updated by Listing Office: 1/22/21 3:05am

Courtesy: MLSPIN

Listing Office: Keller Williams Realty Listing Agent: Faulkner Commercial Group

Loan Calculator
Total Price $
Down Payment $
Principal $
Interest %
Period (years)

Monthly Payment $
Monthly Taxes $

The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.