This Property is No Longer Available
114 Pleasant St., Marblehead, MA 01945
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$570,000
*Sale Price
Type: Commercial
Net Lease
1726 Bldg. SQFT
2 Restroom
Parking: N/A

Property Description

Prime Downtown Marblehead Location.On-going restaurant operation has exercised option to extend current net lease. Great Tenant. Solid income. (Lease Terms and income numbers upon request.) Tenant pays property taxes and building insurance in addition to base rent. Subject property maintains exclusive ownership and use of paved driveway. The building has been well maintained. Improvements include newer rubber membrane roof, newer heat and air conditioning. Open interior floor plan with high ceilings. 1 Handicap accessible bathroom. High traffic count, solid neighboring retail and office space.`Purchase is for the Building only. On going Restaurant Business not included in purchase. Subject property retains 54% interest in the condominium that includes 112 Pleasant St. (currently "Worldly Pets").

Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73243364

Building Information

  • Total SQFT: 1726
  • Total Restrooms: 2

Construction & Utilities

  • Utilities: 110 Volts, Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/10/2025Sold$570,000$330MLSPIN
02/06/2025Under Agreement$585,000$339MLSPIN
01/23/2025Contingent$585,000$339MLSPIN
01/21/2025Extended$585,000$339MLSPIN
10/25/2024Active$585,000$339MLSPIN
10/21/2024Extended$585,000$339MLSPIN
07/05/2024Active$585,000$339MLSPIN
07/01/2024Price Change$585,000$339MLSPIN
06/01/2024Active$629,000$364MLSPIN
05/28/2024New$629,000$364MLSPIN
10/31/2023Expired$680,000$394MLSPIN
10/11/2023Temporarily Withdrawn$680,000$394MLSPIN
09/22/2023Active$680,000$394MLSPIN
09/18/2023Extended$680,000$394MLSPIN
06/12/2023Active$680,000$394MLSPIN
06/08/2023Extended$680,000$394MLSPIN
03/24/2023Active$680,000$394MLSPIN
03/20/2023New$680,000$394MLSPIN
07/05/2019Active$585,000$339MLSPIN
08/31/2009Back on Market$49,900$29MLSPIN
08/31/2009Under Agreement$49,900$29MLSPIN
08/20/2009Extended$49,900$29MLSPIN
06/02/2009Active$49,900$29MLSPIN

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Seller's Representative: Steven White, William Raveis R.E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-10 21:26:00

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