1 Beach StreetRockport, MA 01966MLS Number 72709729

  • Price: $10,299,000
  • 107 Days on Market
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Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
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1 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 019661 Beach Street Rockport MA 01966
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  • 0.27Acreage
  • 1967Year Built
Rare opportunity! Beachfront Downtown Rockport Ma - Turnkey Hospitality Opportunity - Benefit from recent capital improvements and successful hospitality operation over the last six years. Opportunity to acquire 25 room property on the waterfront, sold separately at 6.3% cap rate (marketed listing price). Or as package of 42 rooms for just over $14 million or 7.7% cap rate, with 17 room newly renovated property across street with spectacular views and beautiful modern finishes throughout.
Listed by Kevin Olson of Nordlund Associates

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Parking

  • Parking Spaces24
  • Parking FeatureOn Site
  • Total Parking Spaces24

Building

  • Year Built1967
  • Total Units25
  • No Units25
  • No Buildings1
  • No Stories4
  • Entry OnlyNo
  • Assessed Value Bldg663900

Photos

  • Photo Date2020-08-13T20:52:00
  • Number of Photos28

Basic Information

  • MLS Number72709729
  • Prop TypeCI
  • Status Date2020-08-13T20:52:00
  • Date Listed08/13/2020
  • List Price$10,299,000
  • LeaseNo
  • DirectionLocated on waterfront Beach street downtown Rockport
  • MLS StatusActive

Utilities

  • UtilitiesPublic Water, Public Sewer

Location

  • StreetBeach Street
  • TownRockport
  • StateMA
  • Zip01966
  • Zip Code 41547
  • CountyEssex
  • LocationDowntown, Suburban, Free Standing, Public Transportation

Property

  • Acreage0.27
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size11708
  • Assessed Value Land850800
  • Main LoNB1905

Other

  • Modification Date2020-08-17T03:05:00
  • Certificate Number22700249
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book33882
  • Listing AgreementExclusive Right to Sell, Exclusive Agency
  • ExchangeNo
  • Firm Rmk1Cash flow investment property for sale separately 25 rooms or as 42 room portfolio package.
  • Page249
  • View Count9
Listed by Kevin Olson of Nordlund Associates

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. 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, and the Images, 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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