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    162 Main St, Unit Essex Essex, MA 01929

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    For Sale
    $749,000

    Newly renovated coffee shop/bakery with Main Street frontage and rear patio.

    Property size:
    1,114 SF

    Property Features for 162 Main St

    General Information

    Standard status
    Active
    Size
    1,114 SF

    Building Details

    Year built
    1963

    Source: LandVest, Inc., Ipswich Agent Monahan Barker Team

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

    Overview

    Renovated Coffee Shop with Main Street Frontage

    This newly renovated, freestanding coffee shop and bakery features Main Street frontage and a rear patio with views of the Great Marsh. The property, which includes a cathedral ceiling, benefits from active foot and bicycle traffic due to its in-town location. Recent upgrades include the electrical and plumbing systems, new windows for increased natural light, a grease trap, and ADA-compliant access and bathrooms. The 1114 square foot location is well-suited for a bakery, caterer, or food service owner-user, or a satellite location for an existing business. It can also be re-imagined for retail, storefront, or office use. The Town of Essex offers historic New England charm and modern coastal living. Known for its shipbuilding history and quaint village center, Essex offers antique treasures, boutique shops, elevated dining, and world-famous fried clams year-round. Essex draws those seeking an authentic community experience and a deep appreciation for the North Shore.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Essex River Dogs Hot Dog Stand

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy Gym & Fitness

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

    Similar Places Nearby

    Mayflour

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.7715839
    Latitude
    42.6291412

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    FAQs

    What type of property is this?
    Coffee shop - Newly renovated coffee shop/bakery with Main Street frontage and rear patio.
    Where is this coffee shop located?
    The property is located at 162 Main St, Unit Essex Essex, MA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Newly renovated with updated electrical and plumbing.; - Prime Main Street frontage with Great Marsh views.; - Versatile space suitable for bakery, caterer, retail, or office use.
    (617) 680-6895
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    162 Main St, Unit Essex Essex, MA 01929
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    Essex, MA 01929
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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
    162 Main St, Unit Essex Essex, MA 01929
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