$875,000
$949,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
196 High Street Ipswich, MA 01938
4,044 SqFt
Key Details
Sold Price $875,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,044 sqft
Price per Sqft $216
MLS Listing ID 73166316
Sold Date 07/01/24
HOA Y/N false
Year Built 1973
Annual Tax Amount $7,753
Tax Year 2023
Lot Size 1.500 Acres
Acres 1.5
Property Description
Incredible North Shore Retail Purchase opportunity, 4,044 SF free-standing 2-Story Retail building, turn-key restaurant and long-established catering operation. Located on busy Route 1A with prominent frontage, the building sits on a 1.5-acre lot and was the long-time home of the iconic and celebrated Ipswich Clambake restaurant. Amazing opportunity for a new operator to come in and run a lucrative in-house and take out restaurant. It’s also an opportunity to run a well known catering business and regional mainstay for clambakes, BBQ’s, corporate outings, weddings, reunions and other functions. The sale will include trade fixtures, food preparation equipment, a fleet of vehicles for transport, serving china, chafing dishes and silverware. Property sold "As Is". Rights to trade name “Ipswich Clambake” are also available for an additional price.
Location
State MA
County Essex
Zoning HB
Direction GPS
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Waterfront false
Total Parking Spaces 15
Others
Senior Community false
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Bought with Piantidosi Group • Coldwell Banker Realty - Andover