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Commercial Real Estate For Sale
2 Plum Island Blvd
Newbury, Massachusetts 01950
Property is being sold with the Plum Island Grille, a restaurant operating on site. The Restaurant is one of only two full service RestaurantBars on Plum Island. Additional information on the financials of the business will be provided after signing a confidentiality agreement. The Restaurant has 126 seats with an additional 26 seasonal outdoor seats. Lease Option: Business offered at $750,000 with real estate at $1,200,000. Total purchase price for both is $1,950,000. Owners are willing to consider selling business with a Triple Net Lease. Details: Sales Price for Business: $750,000 Revenues Range: $1.4- $1.8 Million Furniture, Fixtures, & Equipment (FF&E): $173,514, included in Selling Price Inventory: TBD, included
$1,950,000.00
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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