Wonderful opportunity for investors! $40K+ annual revenue from tenant, 6%+ cap rate. This is a commercial condo in prime downtown location with ample off-street parking. Sale is for the first floor condo-Unit 1, building only, with exclusive right to the basement. Current tenant manages successful restaurant. This unit has been owned by same owner for past 30+ years and has always been occupied by profitable and popular restauranteurs. This would be the ideal model for the next owner. This is a two unit condo association and second unit is on second floor and is a day spa separately owned. Showings only when restaurant is not open. Well managed and well maintained condo ready for you to become the new owner today.
Don't miss out on this incredible oceanfront dream home. This is a rare opportunity own a piece of coastal paradise at a more accessible price point. Stunning 3-bedrm, 3-bath waterfront property boasting unparalleled beauty and tranquility. As you step into this exquisite home, you are greeted by breathtaking panoramic views of the water. Large picture windows flood the living area with natural light, creating a seamless connection between indoors & out. The 2nd floor offers 3-bdrms, all with stunning ocean views & access to the upper deck, complete with the soothing sound of waves welcoming each new day. A 4th room on the main level offers flexibility for a den, or 4th-bdrm. Outside, the property is a true oasis, meticulously landscaped & direct access to the water for swimming, kayaking or simply relaxing. Whether you’re seeking a peaceful escape or an entertainer’s paradise this waterfront gem is the perfect blend of luxury and serenity
A first floor extensively renovated garden condominium in the Glover School district with 3 bedrooms, one bath, private side entrance & deck, plus a one car garage checks off many boxes for one's wish list for a home. The light filled living room with fireplace is a welcoming entrance from, the private side deck. Then the wood floors throughout most of the home, many new windows, a two year old kitchen renovation, air conditioning, & a renovated bath with shower combined with many period details such as the built in cabinets in the hall and the dining room provide added charm. The renovated kitchen, often filled with light during the day, is located in the back of the unit & looks like it would be ideal to cook in or just pass through to a second deck & shared back yard and patio. Less than a mile to Preston Beach, close to public transportation, shopping, restaurants, the recreation path, & only 15 miles to Boston are just some of the reasons why this home is ideal for so many buyers.
Rare Estate Offering - TIOGA TOWERS! 421 and 423 Ocean Avenue, Marblehead.Seaside living on the tip of Marblehead Neck, offering protected panoramic ocean views from Gloucester to Boston and beyond, with private steps to the ocean. .Custom-built in 1999, the shingle-style main home provides every modern amenity, including a four-floor elevator, yet it retains the elegance of the iconic Tioga Towers that was once occupied the grounds. The home was built with extraordinary views in mind, with multiple decks, balconies, and a tower with a roof deck that takes advantage of the 360-degree views.The separate 4-bedroom carriage house built in 1906 is in mid-renovation, and completes the estate with an eat-in kitchen, living and dining rooms, and an oversized garage. New roof (2022) and elevator (2024).
Ocean views. This Colonial home is a testament to architectural brilliance & custom craftsmanship by J.N. Picariello. Sited on a sprawling 1.52-acre private estate this residence epitomizes family living. Meticulously designed w/ high-quality materials, this home reflects an unparalleled attention to detail. Main living level boasts an open floor plan, seamlessly integrating a fire-placed stainless & granite eat-in Chef's kitchen adorned w/ dual islands, a wet bar & pantry. Easy access to a generous side yard patio. A spacious family room is adorned w/ a fireplace, wood paneling & built-ins, creating a warm & inviting atmosphere. Mudroom entry leads to a private home office, a powder room, an ADA ensuite bedroom & the oversized 5 car heated garage. Total 7 bedrooms, 6 full baths & three 1/2 baths. Primary bedroom suite features 2 spacious dressing rooms & luxurious bath. Radiant heat & Central AC. Short walk to sandy beach, harbor and downtown restaurants & shops.
Open House:
Saturday, 11/9 11:30-1:00PM
Discover the perfect home in the Chapel Pines neighborhood of Marblehead. This 5-bedroom, 2-bathroom home, nestled on an extra large lot, close to Glover elementary, the playing fields at Gatchell’s Playground, the bike trail and two seaside conservation areas. Inside, the first floor features an open family room, dining and kitchen area, a home office, and a sun drenched living room with a wood-burning fireplace. The second floor includes four large bedrooms with oversized closets. Red oak hardwood floors add warmth throughout the home. This home is energy-efficient. Abundant storage is available in the attic, basement and oversized closets throughout. The extra large attached garage accommodates two cars as well as ample space for tools and equipment. The backyard is completely fenced in and features a large lawn for play, raised garden beds and a wooded back for privacy.
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").
SHOVEL READY! This incredibly rare ocean-facing parcel of buildable land is being sold with town approved architectural plans. This custom home was designed by Marblehead renowned architect, Jeff Tucker and offers 3,715 square feet of living space, an ocean facing rooftop deck and gorgeous patio all designed to capture the most gorgeous water views and stunning sunsets. Provided plans feature 4/5 bedrooms, 4.5 bathrooms, a study, open concept kitchen/dining room and a harbor-facing living room designed with accordion glass patio doors that seamlessly blend the indoor and outdoor environments. Potential for a first floor bedroom with attached en-suite bathroom for additional ease of living. Two car garage, ample storage throughout, 9' ceilings, radiant heat and so much more. This home is ready for you to build and make your own!
“Broadmere” is an unparalleled Fluen Point estate, perched high on a bluff overlooking the serenity and activity of Salem Sound. Situated on 2 plus acres of private, manicured grounds, this exclusive waterfront property includes over 200’ of shoreline, a stunning 9 bedroom, 9,593 square foot turn-of-the-century mansion, oceanside pool with pool house, and dock with mooring, creating endless opportunities for indoor and outdoor enjoyment. “Broadmere” was constructed to the highest of standards, offering timeless period details which include generous room sizes, high ceilings, stately fireplaces and a stunning entry foyer and grand staircase. Fluen Point brings you back in time with windy roads guiding you to the stately entrance and Olmsted designed grounds, of this spectacular property. This is a once-in-a-lifetime opportunity to live in one of Marblehead’s oldest estates in one of the town’s largest private neighborhoods.
The median home value in Marblehead, MA is $839,600. This is higher than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Marblehead, MA is $839,600. Approximately 74.93% of Marblehead homes are owned, compared to 17.42% rented, while 7.65% are vacant. Marblehead real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marblehead real estate agent to arrange a tour today!
Marblehead, Massachusetts 01945 has a population of 20,397. Marblehead 01945 is more family-centric than the surrounding county with 36.73% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Marblehead, Massachusetts 01945 is $154,049. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Marblehead 01945 is 48.1 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 47.3 inches per year, with 41.8 inches of snow per year.