Contractors, investors & developers take notice! RARE OPPORTUNITY to purchase 1.09 acres of adjacent lots currently home to a restaurant and motel/inn. This is an amazing development opportunity for waterfront condominiums with picturesque views of the Essex River looking at Cranes Beach and Hog Island. This development includes 17 private dock slips on the water encompassing both properties. Property is on town water and sewer. Parking is plentiful however seller will entertain a sale at an additional neighboring property for more parking. Possibilities here are endless. Located along the Essex Causeway this property offers close proximity to so much! Restaurants, shopping, marinas and much more. Accessible to routes 133, 22, 1A and 95. This is the perfect location for your next project! Property is occupied, accompanied showings only. No person/s are allowed on the property without list agent or representatives. Buyer and buyer's agent to do their own full due diligence.
Essex is located in Massachusetts. Essex, Massachusetts has a population of 3,674. Essex is more family-centric than the surrounding county with 41.85% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Essex, Massachusetts is $116,027. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Essex is 43.6 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 48.4 inches per year, with 43.6 inches of snow per year.
