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Property profile & analytics
OFF-MARKET
Commercial real estate

193 Lafayette Rear Salisbury, MA 01952

0.34 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional waterfront property in Salisbury, MA, presents a unique opportunity for a discerning buyer or lessee. Located at 193 Lafayette Rear, this 0.34-acre site houses an established brewery and restaurant, complete with a fully transferable liquor license already assigned to the address. The current structure offers immediate operational potential, allowing for a seamless transition into the thriving hospitality industry. Alternatively, the property is available for a build-to-suit arrangement, providing flexibility for those with specific design and operational requirements. The existing infrastructure provides a solid foundation for expansion or complete renovation, catering to a wide range of culinary and beverage concepts. The prime location offers significant visibility and accessibility, ensuring a strong customer base. This is an exceptional chance to acquire a turnkey operation or to develop a custom-designed establishment in a highly desirable coastal Massachusetts town. The sale price is $1,950,000. Serious inquiries are encouraged to explore the possibilities of owning or leasing this unique and profitable business venture. The property's square footage is not currently specified, but the 0.34-acre lot provides ample space for development and expansion. The existing liquor license is a significant asset, eliminating a major hurdle for new entrants to the market. This is a rare opportunity to acquire a well-established business or to create a new venture in a prime location.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Lot 0.34 ac (14,810 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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