Property profile

89 Pleasant St Marblehead, MA 01945

OFF-MARKET
Turn key restaurants
Property ID
US38-0695914
2,144 SF 0.13 ac lot Built 1984
Entity Owned 24-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Construction FRAME
Total area 2,144 SF
Lot 0.13 ac (5,833 SF)
Zoning code B1
APN MARB M:0128 B:0001 L:0
UPID US38-0695914

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
  • Bank Loan Service
  • Atm
  • Bank Credit Union

Location

89 Pleasant St Marblehead, MA 01945-3389
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
$330k

Owner & transaction history

since 2002
1 recorded transaction
2002
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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