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935 Salem St

Groveland, MA 01834
  • $1,200,000
  • STATUS: Contingent
  • MLS #: 72892724
Under Contract
UPDATED: 61 min ago
$1,200,000
  • 0
    BEDS
  • 0.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,650
    SQFT
  • $329
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Listing courtesy of Faulkner Commercial Group of Keller Williams Realty.

Description

Mixed-Use Restaurant / Apartment property and business for sale on Salem Street, Route 97 in Groveland. This well-maintained mixed-use opportunity features a well-established freestanding restaurant and pub on the first floor and two 2 bedroom apartments on the second floor. Pub 97 has been a popular restaurant and pub in the Groveland/ Haverhill area since 2009. The business has maintained excellent gross sales numbers through 2020 and YTD 2021, and runs lean with a strong net profit/ SDE. There are a total of 78 seats permitted, with 18 of those at the bar and 60 at tables. In addition to the indoor seating, the city has permitted outside seating which has continued to the present time. Prospective buyers are encouraged to perform due diligence in all aspects of an acquisition. The business will transfer as an asset sale. Please do not inquire within, this is an active business. Additional specific information will be provided upon execution of a Non-Disclosure Agreement.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-08T11:09:12.887.
www.seybothteamhomes.com/homes/121277646
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935 Salem St Groveland, MA 01834

  • Price: $1,200,000
  • Status: Contingent
  • On Site: Days
  • Updated: 61 min ago
  • MLS #: 72892724
0
Beds
0
Baths
0
½ Baths
0.91
Acres
3,650
SQFT
$329
$/SQFT
1976
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
Mixed-Use Restaurant / Apartment property and business for sale on Salem Street, Route 97 in Groveland. This well-maintained mixed-use opportunity features a well-established freestanding restaurant and pub on the first floor and two 2 bedroom apartments on the second floor. Pub 97 has been a popular restaurant and pub in the Groveland/ Haverhill area since 2009. The business has maintained excellent gross sales numbers through 2020 and YTD 2021, and runs lean with a strong net profit/ SDE. There are a total of 78 seats permitted, with 18 of those at the bar and 60 at tables. In addition to the indoor seating, the city has permitted outside seating which has continued to the present time. Prospective buyers are encouraged to perform due diligence in all aspects of an acquisition. The business will transfer as an asset sale. Please do not inquire within, this is an active business. Additional specific information will be provided upon execution of a Non-Disclosure Agreement.
Exterior Features

Construction Frame Location SuburbanFree StandingHighway AccessPublic Transportation Parking Features Open21+ SpacesPaved DrivewayOn Site Parking Spaces 50 Roof Material Asphalt/Composition Shingles Site Condition Level Stories 2

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 2000.00 Restrooms 4 Rsf Building Sq Ft 1650.00 Total Building Sq Ft 3650.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 329600.00 Assessed Value Land 145500.00 Assessed Value Total 475100.00 Commercial Industrial Type Mixed Use Contingency Type Pending P&S Disclosure No Exchange No Lease No Lender Owned No Lot 0 Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 2 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2021 Taxes 6993.00 Total Units 3 Utilities Public WaterPublic SewerNatural Gas110 Volts220 Volts Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning C

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Faulkner Commercial Group of Keller Williams Realty.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-08T11:09:12.887.
 
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Listing courtesy of Faulkner Commercial Group of Keller Williams Realty.