2 Bridge Street

Salem, MA 01970

MLS ID# 4837543 Active
Retail

$1,500,000


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Details for 2 Bridge Street, Salem MA 01970

Rare opportunity to acquire a waterfront restaurant property mid-renovation. The design work is completed to transform this local landmark into a trophy waterfront restaurant. For many years, this restaurant has been a single level, and plans are now complete to move the prep kitchen, restrooms, office, storage, employee space, and a large service window for the patio downstairs, leaving the upstairs as dining, open kitchen, private dining/ small functions and bar, with extensive outdoor seating on wraparound decks to enjoy the views. There is a tidal dock on the water that facilitates dockside pickup and adds additional ambiance. The design is fully compliant, no variances are required! This sale includes a coveted full liquor license, there are currently no more available in Salem. Designs for the rooftop include an eco-friendly green roof with a vegetable & herb garden, it has the possibility to be a rooftop deck for patrons with additional ADA compliance. Design work has also been done to transform the large patio into an outdoor experience. This property is located directly on the Danvers River, as the Essex Bridge enters Salem. The prior use was as a restaurant and the DEP indicates that the existing building and continued restaurant use is exempt from state licensing. The building is currently vacant and the interior finish has been removed in anticipation of a full renovation. All information has been obtained from public information, owner, and other sources deeme

Features and Details

  • List Price $1,500,000
  • Category Commercial
  • Type Retail
  • Village/Neighborhood
  • Submarket
  • County Essex
  • Lot SQFT 19210
  • SQFT - Total Available 3774 sqft
  • Acreage 0.441
  • MLS ID# 4837543

Apx Bldg SqFt
3774
Basement
No
Construction
Wood Frame
Parking
Parking Spaces 11 - 20
Siding
Wood
Utilities
Cable, Gas - Underground
Water
Community
Sewer
Community
Zoning
B2
Water View
Yes
Water Body
Danvers River
Waterfront Rights
Exclusively Owned
Water Body Restrictions
Unknown
Property Types
Retail
Deed
Book: 37742, Page: 565
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Sale Includes
Land/Building/Business
Sale Type
Sale

Local Information (click to view details)

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This listing was last updated on 12/1/2020 11:55:43 AM.