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$4,750,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 1.09 Acres
See This Home
Save This Home
See This Home
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Contractors, investors & developers take notice! RARE OPPORTUNITY to purchase 1.09 acres of adjacent lots currently home to a restaurant and motel/inn. This is an amazing development opportunity for waterfront condominiums with picturesque views of the Essex River looking at Cranes Beach and Hog Island. This development includes 17 private dock slips on the water encompassing both properties. Property is on town water and sewer. Parking is plentiful however seller will entertain a sale at an additional neighboring property for more parking. Possibilities here are endless. Located along the Essex Causeway this property offers close proximity to so much! Restaurants, shopping, marinas and much more. Accessible to routes 133, 22, 1A and 95. This is the perfect location for your next project! Property is occupied, accompanied showings only. No person/s are allowed on the property without list agent or representatives. Buyer and buyer's agent to do their own full due diligence.

Full Property Details for 122-132 Main St

General

  • Sold For: $4,750,000
  • Taxes: $60,352 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MLSPin
  • MLS ID: 73299994
  • Added to Site: 489 day(s) ago

Parking

  • Total Spaces: 37
  • Parking Features: Paved Drive, Off Street

Location

  • County: Essex
  • Driving Directions: Use GPS

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Stories/Levels: 0
  • Square Feet: 8,453
  • Sq. Ft. Source: Public Records
  • Living Area: 8,453 Sq. Ft.
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 1.09
  • Lot Dimensions: 1.09
  • Frontage: Public
  • Lot Features: Corner Lot

Water Features

  • Water Front: Yes
  • Water Front Desc.: Waterfront, River, Marina, Marsh

Financial Considerations

  • Price Per Sq. Ft.: $561.93
  • Tax Amount: $60,352
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures/Rstr.: Property is occupied, accompanied showings only. No person/s are allowed on the property without list agent or representatives. Buyer and buyer's agent to do their own full due diligence.

Meet the listing agent

Meet the listing agent
— 122-132 Main St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 122-132 Main St

Date
Details
Price
Change
Source
4/30/2025
Sold
$4,750,000
-10.38%
MLS
11/14/2024
Price Reduced
$5,300,000
-10.17%
MLS
10/08/2024
Listed
$5,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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893 Highland St, Hamilton, MA 01982 - Photo 1 Just Listed
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893 Highland St  Hamilton, MA 01982

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10 Emerald St, Gloucester, MA 01930 - Photo 1 Just Listed
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Price Reduced near 122-132 Main St

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155 Bridge St Lot 5, Hamilton, MA 01982 - Photo 1 Price Reduced
-$26,000 (-5.47%)
$449,000

155 Bridge St Lot 5  Hamilton, MA 01982

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135 Bridge St Lot 4, Hamilton, MA 01982 - Photo 1 Price Reduced
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135 Bridge St Lot 4  Hamilton, MA 01982

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175 Bridge St Lot 7, Hamilton, MA 01982 - Photo 1 Price Reduced
-$26,000 (-5.47%)
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175 Bridge St Lot 7  Hamilton, MA 01982

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24 Primrose Ln, Ipswich, MA 01938 - Photo 1 Price Reduced
-$50,000 (-4%)
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24 Primrose Ln  #24  Ipswich, MA 01938

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  • Active
  • Updated 1 day ago
  • 3
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  • 2,851
    Sq. Ft.
Listed by Carrie Cole (617) 516-3488 and Barry Mitchell (508) 527-3529

Recent Sales near 122-132 Main St

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23 University Ln, Manchester by the Sea, MA 01944 - Photo 1 Sold
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23 University Ln  Manchester by the Sea, MA 01944

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51 Wingaersheek Rd, Gloucester, MA 01930 - Photo 1 Sold
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51 Wingaersheek Rd  Gloucester, MA 01930

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122-132 Main Street, Essex, MA 01929 (MLS# 73299994) is a Multi-Family property that was sold at $4,750,000 on April 30, 2025. This property was listed by Leah Piantidosi from our Andovers-Readings Regional Office.Want to learn more about 122-132 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Essex? You can browse all Essex real estate or contact a Coldwell Banker agent to request more information.