Prime Route 1 North Real Estate FOR SALE (LEASE TO OWN) with 5,400 sf of existing restaurant on 36,028 sf of land. Due to the sellers personal situation, the property will be leased for three years with 50% of the base lease amount going directly to the sale of the property. This property has been the home of the well-known Sea Witch Restaurant and Fish Market, located conveniently on busy Route 1 In Peabody. Excellent visibility from north and southbound sides of Route 1 and abuts highly traveled Interstate 95. The owner is open to buyer’s business use. Tenant may continue use as existing, highly profitable Seafood Restaurant and Fish Market or will allow building to be demised for a new use. Owner will offer assistance with new owner to make transition seamless of restaurant and fish market accounts. Major retailers and national food chains welcome. Zoned for Full liquor license available to new business per City of Peabody on a first come basis. Call list agent for further details.
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Listing provided by Wayne Altavilla, Lillian Montalto Signature Properties
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