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$935,000

Condominium/Co-Op - Studio / 0 Bath

1,236 sqft

115 Salem St #C-1
Boston, 02113 - North End

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RESTAURANT CONDOMINIUM There's only one North End !! Rare opportunity for an owner-operator. Prime retail condominium on one of the highest exposure and traffic locations in the North End. Situated in one of the more classic and elegant North End buildings in the heart of the restaurant district. Rare availability for a vented retail space zoned for cooking with 500 sf of lower-level prep area or expansion space. Truly a charming local, with comfortable bar and windows that open fully to the sidewalk. Buyer can hit the ground running as a pizzeria; change the type of cuisine; or convert to any other retail use. Location has operated as a pizza and bar for decades. Buyer should deal directly with current tenant for potential purchase of existing restaurant equipment and beer, wine and cordial license. Investors should expect a rental range of $60 to $75 per square foot in this area based on street-level space, depending on available lower-level space and other amenities.

Monthly Condo Fee:$170
Annual Tax:$8,908
Price per sq ft $756.47   
Included:Master Insurance,Exterior Maintenance
Days on market:1901

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