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150 Main St, Peabody, MA 01960
$400,000
150 Main St, Peabody, MA 01960View this property at 150 Main St, Peabody, MA 01960
150 Main StPeabodyMA01960
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Property Description
This distinguished restaurant, boasting a liquor license, is strategically situated in a vibrant strip plaza on Main Street, nestled in the bustling downtown vicinity surrounded by offices, schools, churches, and residential areas. Spanning approximately 4,400 square feet, the establishment accommodates 42 seats and holds a Common Victualler License. The monthly rent, inclusive of taxes, amounts to $4,200. The asking price for this well-appointed venture is $400,000. It is a great opportunity to open your luxury restaurant without having to go through all the construction and finishing processes. It is good for the franchise restaurants.
Full Property Details
Full Property Details for 150 Main St
General
- Price: $400,000
- Status: Active
- Type: Commercial
- MLS ID: 73193293
- Updated: 4/23/2024
- Added to Site: 124 day(s) ago
Business
- Business Type: Restaurant w/Liquor
Location
- County: Essex
- Driving Directions: Downtown Peabody
Utilities
- Utility Description: Public Water, Public Sewer, Natural Gas Available
Structural Information
- Exterior Const.: Masonry
- Year Built: 2022
Lot Features
- Zoning: Legal Conforming
Financial Considerations
- Tenant Pays: Taxes, Heat, Electricity, Sewer, Water, Insurance, Trash Service, Snow Removal
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2
- Documents Avail.: Lease Agreement
- Disclosures/Rstr.: The sale is only for the setup, equipment, and liquor license.
- Property ID: 2106256
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Schools
Schools serving 150 Main St
School District:Peabody Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
485 Lowell St, Peabody, MA 01960 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Main St
Date
Details
Price
Change
Source
1/13/2024
Listed
$400,000
-85.8%
MLS
3/12/2018
Sold
$2,817,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 150 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$50,786
8%
$2,697,100
13%
2023
$46,862
-7%
$2,382,400
—
2022
$50,364
-8%
$2,382,400
-4%
2021
$54,825
-3%
$2,469,600
—
2020
$56,529
-3%
$2,469,600
—
2019
$58,505
15%
$2,469,600
17%
2018
$50,860
1%
$2,109,500
2%
2017
$50,222
—
$2,067,600
—
2016
$50,015
—
$2,067,600
—
2015
$50,065
17%
$2,060,300
18%
2014
$42,861
—
$1,752,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 Main St
150 Main St, Peabody, MA 01960 (MLS# 73193293) is a Commercial property. 150 Main St is currently listed for $400,000 and was received on January 13, 2024. This property is listed by Sam Takla from our Natick/Framingham Regional Office.Want to learn more about 150 Main St? Do you have questions about finding other Commercial real estate for sale in Peabody? You can browse all Peabody real estate or contact a Coldwell Banker agent to request more information.