Restaurant Building on High-Traffic
34 Bridge Rd, Salisbury, MA 01952
Retail building with restaurant, bar, and ample parking for sale.
Type:Retail
Property size:
3,678 SFPrice / SF:
$217/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Dec 3 at 5:29 am
Property Features for 34 Bridge Rd
General Information
- Standard status
- Active
- Size
- 3,678 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1953
Listing agent Stephanie Coats License #OR
Listing office Keller Williams Realty Eugene & Springfield (541) 554-9435
Listing date Nov 21, 2025
Source Naiglobal
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Eugene & Springfield
HighLights
- Existing lease provides immediate income: $5,000/month NNN with 5‑year renewal in January.
- Strategic location directly off Route 1, near I‑95 and I‑495, offering high visibility and accessibility.
- Full‑service restaurant with significant seating capacity: 144 seats in the restaurant, 30 in the lounge/bar.
- Valuable licenses included: Full liquor license, MA state lottery, and Keno.
- Ample parking with approximately 60 surface spaces.
- Minutes from Salisbury Beach and downtown Newburyport.
Overview
Located in Salisbury, MA, 34 Bridge Road is a retail building with a total area of approximately 3,678 square feet. The one-story, wood-frame building sits on a flat lot of approximately 2.17 acres and offers approximately 60 surface parking spaces. The interior is configured as a full-service restaurant with approximately 144 seats, plus approximately 30 seats in the lounge and bar area. The property includes a full liquor license, as well as MA state lottery and Keno. The property is located directly off of Route 1, a heavily traveled commuter and business route leading to Southern NH. I-95 is approximately 2.5 miles away (approximately a 6-minute drive), and I-495 is less than 6 miles away (approximately an 11-minute drive). Downtown Newburyport is a 5-minute drive (2.4 miles) from the property. Salisbury Beach is also located nearby, which brings a lot of foot traffic, especially in the summer. The property is currently leased, with a lease that renews in January for another 5 years.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$755.4K
NOI $67,985 @ 9.00% cap · cautious / downside scenario
Moderate
$971.2K
NOI $67,985 @ 7.00% cap · market / base-case scenario
Aggressive
$1.36M
NOI $67,985 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.7k | $25.20 |
| − Vacancy | −$2.0k | −$0.55 |
| EGI | $90.6k | $24.65 |
| − OpEx | −$22.7k | −$6.16 |
| NOI | $68.0k | $18.48 |
3,678 SF · lease $25.20/SF/yr · vacancy 2.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$971.2K
$849.8K – $1.13M
NOI $67,985 @ 7.0% cap · market cap 8.50%
Second Best
Retail
$863.3K
$755.4K – $1.01M
NOI $60,431 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,415 @ 7.0% cap · market cap 19.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8616664
- Latitude
- 42.8368933
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Retail building with restaurant, bar, and ample parking for sale.
Where is this restaurant located?
The property is located at 34 Bridge Rd Salisbury, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Existing lease provides immediate income: $5,000/month NNN with 5‑year renewal in January.; Strategic location directly off Route 1, near I‑95 and I‑495, offering high visibility and accessibility.; **Full‑service restaurant with significant seating capacity: 144 seats in the restaurant, 30 in the lounge/bar.**
