Property profile

31 Brg St Salem, MA 01970

OFF-MARKET
Turn key restaurants
Property ID
US38-2484403
4,136 SF 0.58 ac lot Built 1990
Entity Owned 37-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1990
Construction STEEL FRAME
Total area 4,136 SF
Lot 0.58 ac (25,077 SF)
Zoning code B4
APN SALE M:36 L:0230
UPID US38-2484403

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
  • Cafe & Coffee Shop
  • Grocery & Convenience Store

Location

31 Brg St Salem, MA 01970-4107
Salem metro Census 204500 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$570k

Owner & transaction history

since 1988
5 recorded transactions
2001
Price N/A
1999
Price N/A
1993
Price N/A
1990
Price N/A
1988
$300,000

Zoning & alternative use

B4 · Salem, MA
Zoning description

The Intent of this To promote Wholesale And Automotive Uses

General category UNKNOWN

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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