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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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221 Washington St , Salem, MA 01970
$28
Est. Payment: $0.06/mo
0 Bed
5 Bath
7026 Sqft
Status: Active | Days on site: 51
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AN8509 - TM361826
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House Description

Every great restaurant starts with the right location. This exceptional opportunity includes a liquor license and offers more than 7,000 square feet of fully built out, furnished restaurant space only five years old. The thoughtfully designed layout features a spacious main dining room anchored by a wrap around bar, a highly functional commercial kitchen, and flexible space that can be customized to your concept. With seating for more than 250 guests indoors, premium outdoor patio space, and a separate area with second bar ideal for private functions or expanded dining, the property is designed to accommodate a wide range of dining experiences. Situated directly beneath the 113 room Hampton Inn, the property benefits from convenient garage parking and unique partnership opportunities, including private functions, menu distribution, and potential room service agreements. Located in the heart of downtown Salem, benefit from exceptional visibility and millions of annual visitors while also drawing from a strong year round customer base supported by dense residential neighborhoods and local businesses. Whether you are launching a new concept or expanding an established brand, this premier location offers the visibility, flexibility, and presence to create a truly memorable dining destination.

Highlights

Listed by Levana Group , 978-500-9751 RE/MAX Beacon , 978-281-8005.

Property Type

Commercial Lease

Lot/Acreage
1.5

Year Built

2019

County

Essex

Listing ID

73555642

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Principal Interest
$0
Taxes
$0

Home Price

$28

Loan Details

30 yrs
%

Down Payment

20%
$6
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Monthly Price:
$0.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $0.06 $0.02 $0.00 $0.08
Yearly $0.73 $0.21 $0.00 $0.94
Total $22.00 $6.31 $0.00 $28.31

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salem, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.