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    193 Lafayette Rd Salisbury, MA 01952

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    For Sale
    $1,950,000

    6,432 SF modern building for retail or restaurant ventures.

    Property size:
    6,432 SF
    Lot size:
    1.49 Acres

    Property Features for 193 Lafayette Rd

    General Information

    Size
    6,432 SF
    Lot size
    1.49 Acres

    Source: eXp Commercial | Boston Agent Christopher Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail/Restaurant Building in Salisbury

    This 6,432 square foot single-unit building, planned for construction in 2025, presents an investment opportunity in Salisbury, MA. Zoned for commercial use, the property is situated along Lafayette Rd, offering high visibility and accessibility. It is designed to accommodate brew pub or restaurant ventures. The property can be delivered in shell condition or completed to specific architectural details. It features modern amenities and infrastructure, ample space for customization and branding, and a prominent presence in the Salisbury area. A full "On premises" liquor license is available, making it ideal for retail and restaurant ventures.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8731851
    Latitude
    42.8655628

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    FAQs

    What type of property is this?
    Restaurant - 6,432 SF modern building for retail or restaurant ventures.
    Where is this restaurant located?
    The property is located at 193 Lafayette Rd Salisbury, MA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - High visibility and accessibility on Lafayette Rd.; - **6,432 SF modern building to be constructed in 2025.**; - Zoned for optimal commercial use, ideal for retail or restaurant.
    (978) 850-1111
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    193 Lafayette Rd Salisbury, MA 01952
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    Salisbury, MA 01952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    193 Lafayette Rd Salisbury, MA 01952
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