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    Historic Newburyport Ma Newburyport, MA undefined

    • Hospitality properties
    • 10,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 0 Historic Newburyport Ma

    Property size
    10,000 SF
    Property type
    Hospitality properties

    Description

    This exceptional, Class A restaurant in historic Newburyport, Massachusetts presents a rare investment opportunity. Boasting 10,000 square feet in a single-story building, this well-established eatery is one of the most renowned in the city. Its sophisticated, white-tablecloth setting comfortably accommodates over 100 guests, perfect for both intimate dinners and larger events. A full liquor license allows for maximizing revenue through a diverse drink menu. The kitchen is a chef's dream, meticulously maintained and equipped with a blend of modern and new appliances, ensuring efficient and high-quality food preparation. This allows for innovative menu options and catering to current culinary trends. The restaurant's prime location in a desirable coastal city draws both locals and tourists, with convenient parking nearby increasing foot traffic. Beyond elegant table seating, ample bar seating fosters a vibrant atmosphere, encouraging guests to linger and enjoy the experience. Consistent year-round patronage and strong sales growth demonstrate significant potential. A dedicated, fully staffed team ensures exceptional service, contributing to the restaurant's success and profitability. The asking price is $1,600,000. A confidentiality agreement and proof of funds are required for further details.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8735
    Latitude
    42.8138

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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
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