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Building / W Business Fronts And Rooms Above
Location: United States -> Massachusetts -> Salem
Industry: Real Estate > Commercial and Residential Real Estate Brokers

Business Summary

Building located right in front of Salem State University with two business fronts. Currently a convenience store and sushi restaurant with two floors above for residential rentals. A lot of traffic both foot and by car with the University out front including a sub shop, nail & spa, and a chinese restaurant as neighbors. The building has a basement shared by both store fronts. Has parking space on the side and behind the building for about 6 cars total. Curb parking out front for about 2-4 cars. No parking on the side curb. About 5 minute walking distance to the park with beach. About a 5 minute drive to the center of town also. Asking price 850K. Contact number is 978-741-0079 ask for Michael for further information.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $70,000
Cash Flow:   $20,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Help you ease in with the current tenants.
Reason For Selling:  Funding towards a retirement.

Print Listing Id: 700172498
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