$1,499,000
 $8,047 forsale estimated payment Sourced by Back At You

2 Northern Blvd , Newbury, MA 01951

Newbury, MA 01951

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Description

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!

Details

Mls73307254
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Year1970
Days On Site39
Listing Provided ByRE/MAX Bentley's | Brian Cossette

Features

Beds2
Baths 2 Total
Sq Feet1,350
Storys3
Units2
ZoningR-AG
Acreage0.37
Water FrontYes
Property ViewYes

Market Activity 01951

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Learn More About This Property

StateMA
CountyEssex
CityNewbury
Zip Code01951
AreaEssex
Listing VS Median (in 01951)
Price:
$1,499,000
low | high
Med:
$1,449,000
53.335557038025% of Average
SqFt:
1,350
low | high
Med:
3,343
97.62962962963% of Average
$ / SqFt:
$1,110
low | high
Med:
$433
100% of Average
On Site:
39
low | high
Med:
155.000000
25.161290322581% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 10:10:39 PM PST