115 Salem Street, North EndBoston, MA 02113MLS Number 72452348

  • Price: $935,000
  • 42 Days on Market
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Federal 30-year interest rate: 4.28% last updated on Mar 21, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.03Acreage
  • 1910Year Built
  • CIProp Type
  • 115Street No

RESTAURANT CONDOMINIUM There's only one North End !! Rare opportunity for an owner-operator. Prime retail condominium on one of the highest exposure and traffic locations in the North End. Situated in one of the more classic and elegant North End buildings in the heart of the restaurant district. Rare availability for a vented retail space zoned for cooking with 500 sf of lower-level prep area or expansion space. Truly a charming local, with comfortable bar and windows that open fully to the sidewalk. Buyer can hit the ground running as a pizzeria; change the type of cuisine; or convert to any other retail use. Location has operated as a pizza and bar for decades. Buyer should deal directly with current tenant for potential purchase of existing restaurant equipment and beer, wine and cordial license. Investors should expect a rental range of $60 to $75 per square foot in this area based on street-level space, depending on available lower-level space and other amenities.

Listed by Philip Celeste of RMG Realty

Driving Directions

The North End
The North End
433 Hanover Street
Boston, MA 02113

More Info

Parking

  • Parking Spaces

Building

  • Half Baths1
  • Year Built1910
  • Bathroom1
  • Reu Units1
  • No Buildings1
  • No Stories2
  • No Rooms2
  • Entry OnlyNo
  • Assessed Value Bldg356000
  • BasementY

Basic Information

  • StatusACT
  • MLS Number72452348
  • Prop TypeCI
  • Status Date2019-03-22T15:42:00
  • Date Listed02/12/2019
  • List Price$935,000
  • LeaseNo
  • DirectionTwo blocks north from the Rose Kennedy Greenway on the east side of Salem Street.

Water Body

  • WaterfrontN
  • BeachfrontN

Photos

  • Photo Date2019-02-12T14:36:00
  • Number of Photos9

Other

  • Modification Date2019-03-22T15:42:00
  • Property TypeCommercial Condo
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresRetail Condominium consists 736 sf street level with an additional 500 sf lower level deeded permanently to the unit. Monthly Common Area fee is currently $170 per month. THIS LISTING DOES NOT INCLUDE THE CURRENT BUSINESS OR ITS EQUIPMENT. Current tenant
  • Book34247
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf1236
  • ExchangeNo
  • Page253

Location

  • Building Number115
  • Street No115
  • Unit NoC-1
  • StreetSalem Street
  • TownBoston
  • StateMA
  • Zip02113
  • CountySuffolk
  • NeighborhoodNorth End

Property

  • Acreage0.03
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size1236
  • Assessed Value Land356000
  • Main LoAN0783

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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