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$80,000

  • Sold
  • Closed
  • Commercial
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Well established profitable pizza/Roast beef and sub. The restaurant is in a strip plaza next to the downtown and Melrose border in an outstanding high foot traffic year-round location. The place can seat up to 16 people. The lowest average income is $14000 weekly. The business was established 25 years ago and managed by different 3 owners. Equipment includes a pizza conveyor oven- saves energy-, a vertical oven for the roast beef, a walk-in fridge, 2 freezers, 2 cold/salad stations, 2 fry stations, a large grill, dough machine, microwave, warmer, and 2 soda fridges. Growth & Expansion: to mail coupons to the next-door residential area. Great opportunity to own a business in North Boston; call now.

Full Property Details for 463 Essex St

General

  • Sold For: $80,000
  • Status: Closed
  • Type: Commercial
  • Source: MLSPin
  • MLS ID: 73143013
  • Added to Site: 655 day(s) ago

Business

  • Business Type: Restaurant w/out Liquor

Location

  • County: Essex
  • Driving Directions: Ask the listing agent

Utilities

  • Utility Description: Public Water, Public Sewer, Natural Gas Available

Structural Information

  • Exterior Const.: Frame
  • Year Built: 1994

Lot Features

  • Zoning: Legal Conforming

Financial Considerations

  • Tenant Pays: Taxes, Heat, Air Conditioning, Electricity, Water, Insurance, Trash Service

Disclosures and Reports

  • Documents Avail.: Investment Analysis, Tax Return, Lease Agreement
  • Disclosures/Rstr.: The lease for 7 years with 2 options 5Y/each, Sunday hours : Noon-10:00 pm. Please sign the disclosure before contacting the listing agent.
  • Property ID: 2155883

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— 463 Essex St —

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NMLS#: 1598647

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Schools serving 463 Essex St

School District:Saugus Public Schools
RatingNameGradesDistance
4
Saugus High School
1 Pierce Memorial Dr, Saugus, MA 01906
9-120.7 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 463 Essex St

Date
Details
Price
Change
Source
2/28/2025
Sold
$80,000
-64.44%
MLS
2/08/2024
Price Reduced
$225,000
-1.32%
MLS
1/11/2024
Price Reduced
$228,000
-0.44%
MLS
11/14/2023
Price Reduced
$229,000
-4.18%
MLS
8/01/2023
Listed
$239,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 463 Essex St

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33A Jackson St, Lynn, MA 01902 - Photo 1 Just Listed
$325,000
Open House

33A Jackson St  #303  Lynn, MA 01902

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 844
    Sq. Ft.
Listed by Eugene Diaz (978) 918-0826
24 Spruce St, Lynn, MA 01905 - Photo 1 Just Listed
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24 Spruce St  Lynn, MA 01905

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,319
    Sq. Ft.
Listed by Timothy Borders (781) 706-1690
109 Pine Grove Ave, Lynn, MA 01904 - Photo 1 Just Listed
$640,000
Open House

109 Pine Grove Ave  Lynn, MA 01904

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,060
    Sq. Ft.
Co-Listed by Merullo Peoples Team (617) 520-4638
261 Parkland Ave, Lynn, MA 01905 - Photo 1 Just Listed
$539,000
Open House

261 Parkland Ave  Lynn, MA 01905

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,082
    Sq. Ft.
Listed by Gale Rawding (617) 784-9995

Price Reduced near 463 Essex St

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11 Woodman St, Lynn, MA 01905 - Photo 1 Price Reduced
-$10,000 (-1.79%)
$549,000
Open House

11 Woodman St  #1  Lynn, MA 01905

  • Townhouse
  • Active
  • Updated 13 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,297
    Sq. Ft.
10 Lake View Pl, Lynn, MA 01904 - Photo 1 Price Reduced
-$10,000 (-1.48%)
$665,000

10 Lake View Pl  Lynn, MA 01904

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,030
    Sq. Ft.
225 Boston, Lynn, MA 01904 - Photo 1 Price Reduced
-$200 (-10%)
$1,800

225 Boston  #202  Lynn, MA 01904

  • Commercial Lease
  • Active
45 Cowdrey Ave, Lynn, MA 01904 - Photo 1 Price Reduced
-$26,000 (-4.16%)
$599,000
Open House

45 Cowdrey Ave  Lynn, MA 01904

  • Single Family
  • Active
  • Updated 11 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,297
    Sq. Ft.

Recent Sales near 463 Essex St

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846 Broadway, Saugus, MA 01906 - Photo 1 Sold
$90,000

846 Broadway  #6  Saugus, MA 01906

  • Mobile Home
  • Closed
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 720
    Sq. Ft.
846 Broadway, Saugus, MA 01906 - Photo 1 Sold
$90,000

846 Broadway  #28  Saugus, MA 01906

  • Mobile Home
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 740
    Sq. Ft.
380 Lowell St, Wakefield, MA 01880 - Photo 1 Sold
$75,000

380 Lowell St  #202A  Wakefield, MA 01880

  • Commercial
  • Closed

463 Essex St, Saugus, MA 01906 (MLS# 73143013) is a Commercial property that was sold at $80,000 on February 28, 2025. This property was listed by Sam Takla from our Natick/Framingham Regional Office.Want to learn more about 463 Essex St? Do you have questions about finding other Commercial real estate for sale in Saugus? You can browse all Saugus real estate or contact a Coldwell Banker agent to request more information.

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