An outstanding Salisbury Beach oceanfront / oceanside development opportunity. Addresses are 38 & 40 Central Ave. Current Map / Parcel numbers are as follows: 38 Central Ave, 33-161, 40 Central Ave, 33-162. Approximately 10,000 sq. ft. with 50 ft. ocean/beach frontage. Lots are located in the beach commercial district. A fair estimate is that 18-24 parking spaces can be provided on the properties. Zoning requires 2 parking spaces for every 2 or 3 bedroom unit providing for a potential of 9-12 condominium units to be built on the property. Due diligence and all research to be done by all prospective buyers. Offered at $2,000,000.
This listing has been viewed 18 times in the past 211 days
Last Updated: October 9th, 2024 at 2:13am
No
General Information for 38-40 Central Ave, Salisbury, Massachusetts 01952
Property TypeLand
Property Sub TypeLand
Price$2,000,000
MLS #73056432
Handicap Access / FeaturesNo
List Date2022-11-08
Special Listing ConditionsNo
StateMassachusetts
Street NameCentral Ave
CitySalisbury
Zip Code01952
CountyEssex
MLS StatusUnder Agreement
AssociationNo
Heat Zones
Sold Date31/12/2024
Property Sub TypeLand
AdditionalParcelsYNNo
AvailabilityDate
Close Date
Close Price$0
Gas
Listing Service
UnparsedAddress38-40 Central Ave, Salisbury MA 01952
ZoningBus / Res
Interior Features for 38-40 Central Ave, Salisbury, Massachusetts 01952
ElectricOn-site
ElectricYes
Electric$0
Electric on PropertyNo
MLS Area (Major)Salisbury Beach
OffMarketDate02/10/2023
Exterior Features for 38-40 Central Ave, Salisbury, Massachusetts 01952
* Approximate Lot Size0.23 acres
Lot FeaturesFlood Plain, Level, Other
* Parking Spaces
* Sewer UtilitiesPublic Sewer
* Water UtilitiesPublic
Approx. Street Frontage
Parking FeaturesNo
Utilities
Cultivated Area
FarmLandAreaUnits
Lot Size (Square Feet)10,000 Sqft
MLSPIN_PERC_TEST
MLSPIN_PERC_TEST_DATE
PastureArea
Wooded Area
Disclosures for 38-40 Central Ave, Salisbury, Massachusetts 01952
Buyer Agent Compensation1.5
Contingency
FinancingOther
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ONGross/full Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Facilitator Compensation0
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 38-40 Central Ave, Salisbury, Massachusetts 01952
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value$942,200
Real Estate Tax$11
Tax Year2022
OriginalListPrice$2,000,000
Lifestyle Information for 38-40 Central Ave, Salisbury, Massachusetts 01952
Association AmenitiesNo
Frontage Type
GarageYNNo
WaterviewNo
Waterfront Features0 To 1/10 Mile To Beach, Beach Front, Beach Ownership(public), Ocean, Waterfront
Location information for 38-40 Central Ave, Salisbury, Massachusetts 01952
Elementary School
High School
NumberOfLots
Marketing History for 38-40 Central Ave, Salisbury, Massachusetts 01952
MLSPIN_MARKET_TIME_BROKER326
MLSPIN_MARKET_TIME_PROPERTY326
PurchaseContractDate2023-10-02
Agent Information for 38-40 Central Ave, Salisbury, Massachusetts 01952