Will Co-Broke

Iconic 4 Story, 17,300sf Downtown Property

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Listing was updated on: 05/01/2023
location icon One Iconic Property, Essex County, MA, US
Retail for Sale
from May 01, 2023
Description

Location
Located in a vibrant commercial area, surrounded by restaurants, retail, residential and office space.

Sale
Faulkner Commercial Group is pleased to present an imposing, versatile four-story building in the heart of the restaurant, entertainment, and business district in a thriving downtown in this Essex County, MA city for sale. This is a significant piece of commercial real estate that has been home to a very successful, popular restaurant and lounge for many years. This magnificent turn-of-the-century building, a wood frame structure with a brick exterior and granite block facade, may currently be underutilized and can possibly be developed into a mixed-use showpiece, with offices or residences on the upper floors. The elevator runs to all four above-grade floors, and there is a full basement, included in the 17,300 square footage.

Possibilities exist to redevelop this landmark into various uses by right or special permit.

Specific information was obtained from public records and from the seller, prospective buyers are encouraged to perform due diligence as to material facts and suitability for their intended use. Non Disclosure Agreement must be signed to get specific details.

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The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.