5 Harbor StreetSalem, MA 01970MLS Number 72450826

  • Price: $149,999
  • 106 Days on Market
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Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1952Year Built

Driving Directions

Established check cashing business is for sale. High visibility location - directly across from Lafayette Park with ample street parking, metered parking and high foot traffic. Sandwiched between 2 very busy intersections of Washington St. and Lafayette St. All office equipment, furniture and fixtures to be sold with the business including: ATM, 60 PMBs (Personal Mail Box Services), Copy/Fax Equipment, Computers, Security Video System and 2 Safes. Other services currently offered at this location include: notary public, money orders, utility payment, tax prep, lottery and money transfers. Current office configuration consists of 2 large offices, 4-station teller counter, glass retail credenza, kitchen, 2 half baths and clean and dry basement for storage. First floor consists of 1949 sqft. and basement storage includes an additional 1485 sqft. Annual lease offered to new buyer at 2500/month for the first year. Gross sales are $205,972.00. Books available upon request.

Listed by Charrissa Vitas of Atlantic Coast Homes

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1952
  • Building ConstructionBrick
  • Building Square Feet3434
  • Equip Listing AvailYes
  • No of Restrooms2
  • Entry OnlyNo
  • ElevatorNo
  • FacilitiesKitchen, Vault, Lobby, Office
  • BasementYes

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Other

  • Inventory AvailYes
  • DirectionWashington or Lafayette to Harbor. Directly across from Lafayette Park.
  • DISCLOSURENo
  • Sub Agency OfferedNo
  • SystemTelephone, Security
  • DISCLOSURESLottery will require a special license. All services offered: notary public, tax prep, and lottery may or may not be offered by the new owner. New owner may consider offering traveler check cashing business. New, large, hotel being built around corner.
  • Parcel NumberM:34 L:0411
  • Main LoNB9147
  • FormCorporation
  • Reason for SellPersonal
  • View Count6

Basic Information

  • Date Listed02/07/2019
  • StatusACT
  • Modification Date2019-05-04T03:05:00
  • Property TypeOther (See Remarks)
  • Status Date2019-04-30T13:41:00
  • List Price$149,999
  • Tenant ExpensesHeat, Air Conditioning, Electric, Sewer, Water, Trash Service, Snow Removal
  • Original Price300000
  • MLS Number72450826

Interior

  • Basement FeatureFull, Concrete Floor, Unfinished Basement

Location

  • Building Number5
  • LocationDowntown, Park, Free Standing, Public Transportation
  • Street No5
  • StreetHarbor Street
  • TownSalem
  • StateMA
  • Zip01970
  • Zip Code 45041
  • CountyEssex

Property

  • Business Hours8-6 M-Sat
  • Gross Annual Income205972
  • Lot Size2614
  • Handicap AccessYes

Photos

  • Photo Date2019-02-07T16:19:00
  • Number of Photos16
Northrup Associates Realtors
Northrup Associates Realtors
Office: 781-246-2100
26 Main Street
Lynnfield, MA 01940

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