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$ 2,290,000
Est. payment /mo
New
1 School St Marblehead, MA 01945
5,447 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,447 sqft
Price per Sqft $420
MLS Listing ID 73602315
HOA Y/N false
Year Built 2005
Annual Tax Amount $11,757
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Description
This is one of Marblehead's best commercial buildings. Located on a corner lot within the Five Corners area, this is a young (21 years) brick and steel mixed use structure containing a restaurant and two apartments. Tony's Pizza has been a Marblehead favorite for decades. This bright first floor space is handicap accessible, has seating for 60, excellent window line and visibility. The fully equipped restaurant's furniture and fixtures are included within the offered price. The building is fully sprinklered and has 1,200 amps of power. There are two well designed apartments (a one bedroom unit and a two bedroom unit) on the second level with high ceilings. The two bedroom unit has one and one half bathrooms. Both apartments have modern kitchens, bathrooms and excellent window lighting. There are stackable washers and dryers in each of the apartments. The parking lot can hold six cars in three tandem rows. There are lots of on street parking spaces on School Street and along Essex Street. The first floor can accommodate all types of restaurants or retail uses. All of the spaces have new heating and air conditioning systems. This is a unique opportunity for a restaurant operator to own their own building with the additional income from two apartments. Alternatively, an investor can place it's own tenant on the first level and own one of Marblehead's best built and located mixed use buildings.
Location
State MA
County Essex
Zoning B1
Direction Corner of School and Essex Streets at Five Corners.
Others
Senior Community false
Listed by The Drumlin Group Inc.
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