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!
Mls | 73307254 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1970 |
Days On Site | 39 |
Listing Provided By | RE/MAX Bentley's | Brian Cossette |
Beds | 2 |
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Baths | 2 Total |
Sq Feet | 1,350 |
Storys | 3 |
Units | 2 |
Zoning | R-AG |
Acreage | 0.37 |
Water Front | Yes |
Property View | Yes |
State | MA |
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County | Essex |
City | Newbury |
Zip Code | 01951 |
Area | Essex |
Listing VS Median (in 01951) | |
Price: $1,499,000 low | high Med: $1,449,000 SqFt: 1,350 low | high Med: 3,343 $ / SqFt: $1,110 low | high Med: $433 On Site: 39 low | high Med: 155.000000 |