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Commercial Real Estate For Sale
2 Plum Island Blvd
Newbury, Massachusetts 01950
The property is being marketed for sale or lease with the sale of the award winning Plum Island Grille Restaurant operating on site. The Restaurant is one of only two full service RestaurantBars on Plum Island. The Restaurant has 126 seats with an additional 26 seasonal outdoor seats. Revenues Range: $1.4- $1.8 Million; Furniture, Fixtures, & Equipment (FF&E) of $173,514 along with inventory and other related assets are included in Selling Price. Additional information on the financials of the business will be provided after signing a confidentiality agreement. Purchase Option: Business offered at $499,000 with Real Estate at $1,100,000. Total purchase price for both is $1,599,000. Lease Option: Business being offered at $499,000 with a long term Triple Net Lease Option
$1,599,000.00
MLS#:72164562
Listing Office:Bean Group
Listing Agent:William Stewart
Office Phone:(800) 450-7784
Address: 2 Plum Island Blvd
City:Newbury
State:Massachusetts
ZIP Code:01950
Property Type:Commercial/Industrial
Lot Size:11979.00
Property Size:4007.00
Year Built:1970
Parking Spaces:20
Parking Feature:Open,11-20 Spaces,Paved Driveway
Instruction:Showings will generally be available during times when the restaurant is not open.
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