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    Turnkey Bakery and Coffee Shop
    Updated: Jun 5
    Turnkey Bakery and Coffee Shop

    162 Main St, Essex, MA 01929

    $625,000
    1,114 sqft
    Fully renovated 1963‑built storefront currently operating as a bakery and coffee shop
    Light‑filled interior with open layout and cathedral ceilings
    ADA‑compliant improvements plus all new plumbing and electrical
    Mini‑split systems and new windows
    Private rear patio with marsh views
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    162 Main St, Essex, MA 01929

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Mortgage

      $950K
      Jul 2023

    • Last Sold

      Aug 2022
      $525K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1963
    View Property Analytics
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Essex, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Restaurant and Residence
    Mixed-Use Restaurant and Residence

    57 East Street, Ipswich, MA 01938

    $974,500
    2,419 sqft

    Two-level property with an operational kitchen and private-entry apartment above, plus an added storage outbuilding.

    View details
    Neighborhood Bakery with Apartment
    Neighborhood Bakery with Apartment

    57 East Street, Ipswich, MA 01938

    $974,500
    2,419 sqft

    Two-level food service and retail setup includes a professional kitchen and a private-entry two-bedroom apartment.

    View details
    Turnkey Restaurant and Bar Opportunity
    Turnkey Restaurant and Bar Opportunity

    50 Rogers St, Gloucester, MA 01930

    $89,000

    135-seat bar and restaurant in prime Gloucester location.

    View details
    Iconic Waterfront Restaurant and Residence
    Iconic Waterfront Restaurant and Residence

    73 Rocky Neck Ave. 1&2, Gloucester, MA 01930

    $3,100,000

    Established restaurant with residence in historic Rocky Neck art colony.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Downtown Andover Land For Sale
    Downtown Andover Land For Sale

    16R High St, Andover, MA 01810

    $629,900

    Land in downtown Andover with General Business zoning.

    View details
    Approved Commercial Buildable Lot
    Approved Commercial Buildable Lot

    1905 Lakeview Ave, Dracut, MA 01826

    $569,000
    0.69 AC lot

    Build-ready commercial parcel in B3 zoning, offered as an approved site covering a drive-through, office, retail, or service use.

    View details

    Off-Market Properties in Essex, MA

    Consider similar Off-Market properties in Essex, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    122 Main St
    RESTAURANT

    122 Main St, Essex, MA 01929-1304

    $960,000
    Estimated value
    4,800 sqft 0.30 AC lot
    View details
    74 Main St
    RESTAURANT

    74 Main St, Essex, MA 01929-1343

    $1,150,000
    Estimated value
    3,829 sqft 0.34 AC lot
    View details
    112 Main St
    RESTAURANT

    112 Main St, Essex, MA 01929-1304

    $435,000
    Estimated value
    3,124 sqft 0.19 AC lot
    View details
    234 John Wise Ave
    RESTAURANT

    234 John Wise Ave, Essex, MA 01929-1059

    $415,000
    Estimated value
    4,520 sqft 19.31 AC lot
    View details
    99 Main St
    RESTAURANT

    99 Main St, Essex, MA 01929-1305

    $1,635,000
    Estimated value
    9,910 sqft 0.71 AC lot
    View details
    63 Eastern Ave
    RESTAURANT

    63 Eastern Ave, Essex, MA 01929

    $465,000
    Estimated value
    6,130 sqft 0.44 AC lot
    View details
    109 Eastern Ave
    RESTAURANT

    109 Eastern Ave, Essex, MA 01929-1331

    $545,000
    Estimated value
    5,846 sqft 3.52 AC lot
    View details
    235 Western Ave
    RESTAURANT

    235 Western Ave, Essex, MA 01929-1165

    $330,000
    Estimated value
    1,682 sqft 0.44 AC lot
    View details

    Essex, MA Restaurants Market Trends and Statistics

    Explore 9 restaurants for sale in Essex, MA on our real estate platform. These investment opportunities span a total of 1,114 square feet of properties for sale, with an estimated market value of $625,000.

    Sale prices for restaurant properties in Essex, MA average $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 5
    Conventional restaurants 1

    Demographics Overview

    Population 3,605
    Population Growth (5Y) -2.9%
    Median Household Income $151,509
    College Educated 97.1%

    High-Yield Neighborhoods for Investment

    Identify Essex submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01929 $625K

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $29.48 per SF
    Tax Rate vs County Average 0.37 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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