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Property profile & analytics

34 Bridge Rd Salisbury, MA 01952

  • Turn key restaurants
  • 3,678 SF
  • 2.17 lot acres
Value Estimation
Last Sale
May 06, 2024
$750,000
Location Intelligence
Property ID
US38-1477848
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 34 Bridge Rd

Year built
1953
Construction
FRAME
Lot size
2.17 lot acres
Property size
3,678 SF
Zone code
C
Property type
Turn key restaurants
APN
SALI M: 2 P: 8
APU
SALIM2P8

Description

This exceptional restaurant and bar property, located at 34 Bridge Road in Salisbury, MA, is offered for sale at $800,000. The 3,678 square foot, single-story building sits on a 2.17-acre lot and boasts approximately 60 surface parking spaces. Built in 1953, the property is zoned CI, Salisbury and features a full-service restaurant with roughly 144 seats and a lounge/bar area with approximately 130 seats. A significant advantage is the inclusion of a full liquor license, along with Massachusetts state lottery and Keno permits. The current lease is a NNN lease with a 5-year term, renewing in January, at a monthly rent of $5,000. The building is a free-standing wood-frame structure on a flat lot, conveniently located off Route 1, a major commuter and business route leading to southern New Hampshire. The property benefits from its proximity to Salisbury Beach and downtown Newburyport, and easy access to Interstates 495 and 95. This presents a unique opportunity to acquire a well-established business in a high-traffic retail area with ample parking. The building height is 23 feet. This turnkey operation is ready for a new owner to continue its success.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $750,000
  • CAP approach

    CAP return
    Estimation
    6%
    $760,000
    6.5%
    $695,000
    7%
    $765,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $705,000
    Geo Method
    $800,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $600,000
    Retail
    $690,000
    Mixed-Use
    $745,000
    Hospitality
    $780,000
    Educational
    $775,000
    Residential Income
    $795,000
    Energy
    $780,000
    Income-Based Land
    $810,000
    Food Service
    $600,000

Location Insight

  • Map
  • Local Demand
City
Salisbury
County
Essex
State
Massachusetts
Longitude
-70.8621
Latitude
42.8372
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,599
$311,000
$416,200
$727,200
-
$0.00
$0.00
$0.00
More about this property
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