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122 132 Main Street

Essex, MA 01929

– beds
– baths
8,453 sqft
~1 acre lot
$626 per sqft
1925 build
– on site

Contractors, investors & developers take notice! RARE OPPORTUNITY to purchase 1.09 acres of adjacent lots currently home to a restaurant and motel/inn. This is an amazing development opportunity for waterfront condominiums with picturesque views of the Essex River looking at Cranes Beach and Hog Island. This development includes 17 private dock slips on the water encompassing both properties. Property is on town water and sewer. Parking is plentiful however seller will entertain a sale at an additional neighboring property for more parking. Possibilities here are endless. Located along the Essex Causeway this property offers close proximity to so much! Restaurants, shopping, marinas and much more. Accessible to routes 133, 22, 1A and 95. This is the perfect location for your next project! Property is occupied, accompanied showings only. No person/s are allowed on the property without list agent or representatives. Buyer and buyer's agent to do their own full due diligence.

Listing courtesy of MLSPIN / Piantidosi Group / Coldwell Banker Realty - Andover

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# 73299994 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1925
Year Built Details:

Approximate
Year Built Source:

Public Records
Foundation Details:

Block
# of Units Total:

4
Building Area Total:

8453
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Fireplace:

false

Room Dimensions

Living Area:

8453

Location

Directions:

Use GPS
Latitude:

42.630889
Longitude:

-70.774427

The Property

Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

1.09
Lot Size SqFt:

47597
Lot Size Acres:

1.09
Zoning:

COO & RS2
View:

Scenic View(s)
View:

true
Water View:

Yes
Water View Features:

Dock/Mooring
Waterfront:

true
Waterfront Features:

Waterfront
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

60352
Tax Assessed Value:

4198000

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Spa:

false

Parking

Garage:

false
Parking Total:

37
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/14/24 Nov 14, 2024	Price Changed	MLSPIN	$5,300,000	-10.2%
10/8/24 Oct 8, 2024	Listed / Active	MLSPIN	$5,900,000

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This multifamily located in Essex, MA 01929 is currently for sale for $5,300,000. 122 132 Main Street is a 8,453 square foot multifamily with – beds and – baths that has been on Estately for 74 days.

Listing Courtesy of: MLSPIN and Coldwell Banker Realty - Andover.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.