Douglas Danzey | Newburyport Real Estate, West Newbury Real Estate, Newbury Real Estate

110 Lafayette Ave, Salisbury, MA 01952  

Salisbury Center
Type of Comm.
Lot Size
The Lafayette Inn & Motel is available to purchase. This is a fantastic opportunity for the savvy investor as this profitable business known as The Lafayette Inn & Motel has been owned and operated by the current owner for 22 years and he has decided to allow a new owner to carry the business forward into the future. There are sixteen adorable, free standing cottages and these cottages are located just minutes to the beaches and the new Salisbury Boardwalk and the Reservation. In addition to all that this location has to offer it is conveniently located minutes to the restaurants and shops of downtown Newburyport as well as Market Square in Amesbury and the major highways. Take advantage of this once in a lifetime opportunity and purchase this special property. You can continue running the property as the profitable business that it is or renovate the cottages and become a part of Salisbury's redevelopment and revitalization of the future.
Open House
No scheduled Open Houses
Lot Size: 82,502.00
Acres: 1.89
Area/Village: Salisbury Center
List Price: $1,175,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 1
Buildings: 17
Year Built: 1784
MLS#: 72270264
Acres: 1.89
Space Dividable: Unknown
Expandable: Unknown
Lot Size: 82,502.00
Parking Spaces: 19
Parking Features: 11-20 Spaces, Paved Driveway
Roof Material: Asphalt/Fiberglass Shingles
Location: Central Business District
Utilities: Public Water, Private Sewer
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $534,800
Condo Assoc.: No
Assessed Land Value: $347,600
Exchange: No
Gross Annual Expenses: $60,243
Gross Annual Income: $174,564
Taxes: $10,974
Tax Year: 2018
Book/Page: 13279/574
Sublet: No
Total Assesed Value: $894,600
Zone Description: Legal Conforming
Disclosure Declaration: No
Disclosure: Income reflected is projected
For Lease: No
Space Available: For Sale
Area Sales
Similar Listings
Community Information
Community Information
The listing office is Bentley's and the listing agent is Douglas Danzey. 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 it's 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. The data was last modified on 1/16/2018 2:05:00 PM.