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Business For Sale

REAL ESTATE--SALEM, MA (BUSY ROUTE 107)

Attn: Audie Quick
Salem, MA, USA
Listing #: 92861981
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Asking Price: $1,999,000 USD USA Dollars
Business for Sale Industry: Services: Real Estate  
Reason for Selling: Retirement
Year Established: 1994
 

Business for Sale Overview:

So many uses for this prime piece of real estate in Salem, MA. Not many parcels this size left in town. Clean 21-E (May 2008). Join the many national brands on this busy road.


Property Features and Assets:

This property is comprised of 1.61 acres with an operating 1,782 sq ft Commercial Garden Center built in 1920. A fully rented 2,762 square feet. 2 family residential house built in 1935. Located on Route 107 (1 of 2 main roads in Salem, MA.). Approximately 40,000 cars per day pass by this property. More than 250,000 people live within a 5 mile radius.


Market Competition and Expansion:

Join the many national brands on this busy road. Broadest possible zoning on the B2 lot which allows pharmacy, bank, retail, automotive, supermarket, restaurants, professional/medical/dental/office building, motel, etc. on corner lot.


Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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