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157 Newbury St, Peabody, MA 01960

Commercial

$995,000
Price

1
Buildings
Land
Type of Comm.
37,113.00
Lot Size
FORMER MOTEL SITE FOR SALE. Former Sir John Motel locate on route 1 north across from the Logan Express south bound AND 11.5 MILES FROMTHE NEW WYNN CASAINO IN EVERETT. 26 MINUTES WITH TRAFFIC AND ABOUT 18 MINUTES WITH NO TRAFFIC. Sir John was demoed in 1997 and a variance and special permit were granted for the construction of a 59 unit motel. The foundation/ first floor(basement level) was constructed with all the infrastructure at that time. Buyer would be responsible for the rest of the construction of the motel. Special permit, variance and plans attached as documents.
Open House
No scheduled Open Houses
Highlights
Lot Size: 37,113.00
Acres: 0.85
List Price: $995,000
Type: Commercial
Type of Comm.: Land
Status: Active
Stories: 1
Buildings: 1
Year Built: 1950
MLS#: 72370021
 
 
Exterior
Acres: 0.85
Lot Size: 37,113.00
Parking Spaces: 60
Utilities: Public Water, Public Sewer
Taxes
Short Sale Lender Approval: Unknown
Lender Owned: Unknown
21E On File: No
Assessed Building Value: $41,100
Assessed Land Value: $610,100
Exchange: No
Taxes: $15,700
Tax Year: 2018
Book/Page: 6721/105
Sublet: No
Total Assesed Value: $651,200
Zone Description: Legal Non-Conforming
Additional
Disclosure Declaration: Yes
Disclosure: Former Sir John Motel. Demo1997. New foundation/1st floor constructed1997. Plans available.
For Lease: No
Space Available: For Sale
Map
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The listing office is Don Corbett Real Estate and the listing agent is James Herlihy. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/20/2018 9:05:00 AM.


Don Corbett Real Estate   Don Corbett Real Estate
100 Elm Street • Danvers, MA 01923 Map it
Direct: 978-774-4171 • Fax: 978-750-4369
[email protected]

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