Address
935 Salem St, Groveland, MA
Price
$ 1,200,000
Property Attributes
  • MLS#72892724
  • TypeCommercial
  • CountyESSEX
  • CityGroveland
  • Zip01834
  • Style
  • Year Built1976
  • Taxes$ 6993
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3650
  • Lot Size0.91 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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.

Price History
9/9/2021 Listed $1,200,000

General Features

Building Area Units Square Feet
City Groveland
County Essex
Directions I-95 or I-495 to MA Route 113/97, Salem St to destination
Lot Size Square Feet 39780
Property Type Commercial Sale
Roof Asphalt/Composition Shingles
Standard Status Active
Status Active
Street Name Salem St
Tax Annual Amount 6993
Tax Year 2021
Utilities Public Water, Public Sewer, Natural Gas Available, 110 Volts, 220 Volts
Year Built 1976
Zoning C
Zoning Description Legal Conforming

Interior Features

Total Baths 4

Exterior Features

DO NOT ENABLE COMPLIANCE Living Area 3650
Building Area Total 3650
Lot Size Acres 0.91
Lot Size Area 0.91
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01834

Price
AVG $1.2M
$1.2M
Taxes
AVG $6,993
$6,993
Visits
AVG 51
50
Year Built
AVG 1976
1976
Walkscore
AVG 23
23
Data Provided by Walkscore ® not using MLS data

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