193 Lafayette Rear Salisbury, MA 01952
- Commercial real estate
- 0.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 193 Lafayette Rear
- Year built
- 2024
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8729
- Latitude
- 42.8659
