Property profile

10 School St Marblehead, MA 01945

OFF-MARKET
Turn key restaurants
Property ID
US38-0426869
4,456 SF 0.14 ac lot Built 1951
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a commercial building located in downtown Marblehead, Massachusetts, on a 0.1434-acre lot. It has a concrete foundation with a stucco exterior and partial concrete block construction. Exterior features include a storefront described as newer, and it has a rubber roof that is characterized as relatively young. On-site parking includes both private and public parking options located around the back of the building. The site provides easy access to a nearby rail line and a recreation trail. The property is zoned B1.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Construction FRAME
Total area 4,456 SF
Lot 0.14 ac (6,248 SF)
Zoning code B1
APN MARB M:0116 B:0060 L:0
UPID US38-0426869

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

10 School St Marblehead, MA 01945-3327
Marblehead metro Census 203301 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2025
2 recorded transactions
2025
$1.1M
2012
Price N/A

Zoning & alternative use

B1 · Marblehead, MA
Zoning description

at contains a building or buildings(s) with more than three dwelling units. NONRESIDENTIAL USE - A use that is listed as an allowed retail and consumer service use or an allowed institutional and recreational use in the…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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