Oceanfront Mixed-Use Property with development potential. Discover a rare gem in this stunning oceanfront property situated on a large lot with multiple potential uses. This unique opportunity features a well-appointed upstairs apartment, offering breathtaking ocean views and a comfortable and stylish living space. The ground level hosts a commercial space that was previously occupied by a popular take out restaurant and ice cream stand. Outside you'll find an outdoor shower, large deck space and seaside seating areas. The prime location offers excellent visibility, parking and foot traffic opportunities. Looking to build your dream home? Take advantage of the residential zoning and over 16,500 sq. ft. lot! Alternatively, the property has fantastic potential for investors looking to capture rental income. Located in the Plum Island Overly District. Buyer responsible for all due diligence. Large oceanfront lots like this are rare, don't miss this incredible opportunity!
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Last Updated: November 3rd, 2024 at 4:58am
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General Information for 2 Northern Blvd, Newbury, Massachusetts 01951
Property TypeCommercial Sale
Price$1,499,000
MLS #73307255
List Date2024-10-29
Special Listing ConditionsNo
StateMassachusetts
Street NameNorthern Blvd
Unit
CityNewbury
Zip Code01951
CountyEssex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total1350
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress2 Northern Blvd, Newbury MA 01951
Zoning
Zoning DescriptionLegal Non-Conforming
Business TypeNo
Interior Features for 2 Northern Blvd, Newbury, Massachusetts 01951
* Approx. Living Area Total1,350 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 2 Northern Blvd, Newbury, Massachusetts 01951
* Parking Spaces10
* Year Built1970
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage
Utilities
Disclosures for 2 Northern Blvd, Newbury, Massachusetts 01951
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 2 Northern Blvd, Newbury, Massachusetts 01951
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$1,499,000
Lifestyle Information for 2 Northern Blvd, Newbury, Massachusetts 01951
Association AmenitiesNo
Frontage Type
GarageYNNo
Location information for 2 Northern Blvd, Newbury, Massachusetts 01951
Marketing History for 2 Northern Blvd, Newbury, Massachusetts 01951
MLSPIN_MARKET_TIME_BROKER
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PurchaseContractDate
Agent Information for 2 Northern Blvd, Newbury, Massachusetts 01951