Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

114 Pleasant St., Marblehead MA 01945

Commercial Sale

Prime Downtown Marblehead Location.On-going restaurant operation would like to exercise option to extend current net lease. Great Tenant. Solid income. (Lease Terms and income numbers upon request.) Tenant pays property taxes and building insurance in addition to base rent.Subject property maintains exclusive ownership and use of paved driveway. The building has been well maintained. Improvements include newer rubber membrane roof, newer heat and air conditioning. Open interior floor plan with high ceilings. High traffic count, solid neighboring retail and office space.`Purchase is for the Building only. On going Restaurant Business not included in purchase.

This home has been viewed 26 times

Last Checked: May 7th, 2024 at 4:47am (Source: MLS PIN #73089258)

General Information for 114 Pleasant St., Marblehead MA 01945

Listing ID73089258

Property TypeCommercial Sale / Commercial

Price$680,000

Style

CityMarblehead

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Garage Parking

ZoningB1

AssociationNo

Year Built1900

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 114 Pleasant St., Marblehead MA 01945

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Contact Information for 114 Pleasant St., Marblehead MA 01945

Agent

Name: Steven White

Office

Name: William Raveis R.E. & Home Services

Phone: 781-631-1199

Exclusive Listing Agent

William Raveis R.E. & Home Services

Steven White

Agent Phone

Office Phone

(781) 631-1199

Text Agent Call Agent Call Office

Array
(
    [acres] => 
    [add_date] => 2024-05-07 04:47:28
    [address] => Pleasant St.
    [agent] => Array
        (
            [address] => 52 Longview Drive
            [city] => Marblehead
            [id] => C7364305
            [name] => Steven White
            [national_association] => 454000314
            [office] => M95385
            [state] => MA
            [zip] => 01945
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 1,726 SqFt
    [approx_lot_size_acres] => 0
    [approx_lot_size_sqft] => 8 SqFt
    [assessed_value] => 
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 114 Pleasant St. Marblehead
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => Commercial
        )

[c_type] => Commercial Sale
    [cap_rate] => -0.52%
    [city] => Marblehead
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Prime Downtown Marblehead Location.On-going restaurant operation would like to exercise option to extend current net lease. Great Tenant. Solid income.  (Lease Terms and income numbers upon request.) Tenant pays property taxes and building insurance in addition to base rent.Subject property maintains exclusive ownership and use of paved driveway. The building has been well maintained. Improvements include newer rubber membrane roof, newer heat and air conditioning. Open interior floor plan with high ceilings. High traffic count, solid neighboring retail and office space.`Purchase is for the Building only. On going Restaurant Business not included in purchase.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 0
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 337570
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 04:47:28
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 1,726 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73089258
    [neighborhoods] => Array
        (
            [0] => Ipswich
        )

[net_income_calc] => -3556
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 1
    [office] => Array
        (
            [id] => M95385
            [name] => William Raveis R.E. & Home Services
            [phone] => 781-631-1199
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 781-690-6433
    [pool_features] => Array
        (
        )

[price] => $680,000
    [price_per_sqft] => 0
    [price_per_unit] => 680000
    [private_pool] => No
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => $3,556
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 114
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 3556
    [total_gross_income] => 0
    [total_parking] => 5
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 114 Pleasant St., Marblehead MA 01945
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 01945
    [zoning] => B1
    [zoning_details] => Legal Conforming
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 7269465
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/337570/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 04:47:31
                    [modified] => 2024-05-07 04:47:31
                )

)

)

EXIT