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Under Contract

Real Estate & Restaurant Space - Salem

Restaurant Space and Real Estate in Downtown Salem

On NextCompany since September 18, 2026 (27 days)

Salem, MA
Financial summary
Asking price
$2,500,000
Gross revenue
$1,800,000
Cash flow (SDE)
N/A
FF&E
$150,000

Figures come from the listing party and are not verified or guaranteed by NextCompany. Parts of this page are AI-generated and may contain errors. Verify everything before relying on it. See the Buyer Terms.

Business overview

This fully built-out restaurant space includes real estate in downtown Salem, MA. The property occupies a historic market location with street parking and nearby lots. Its 9,520 square feet span two floors and patio space. The layout accommodates approximately 300 interior seats and 50 outdoor patio seats. The $2,500,000 asking price covers real estate, leasehold improvements, furniture, fixtures and equipment. Furniture, fixtures and equipment carry a $150,000 value. Historical sales at this location totaled $1,800,000. Corbett Restaurant Group marks the listing as Under Agreement.

Who is a good fit for this business

  • Restaurant operators seeking ownership of their premises alongside a fully built-out space.
  • Buyers planning a large dining operation with approximately 300 interior seats and 50 outdoor patio seats.

Details

Real estate
Owned, included in sale

Frequently Asked Questions

The $2,500,000 asking price includes real estate, leasehold improvements, furniture, fixtures and equipment. The furniture, fixtures and equipment carry a $150,000 value.

The listing reports $1,800,000 in historical sales at this location.

The property spans 9,520 square feet across two floors and patio space. Its layout accommodates approximately 300 interior seats and 50 outdoor patio seats.

The restaurant space occupies a downtown Salem location in a historic market. Street parking and nearby lots provide parking options.

Corbett Restaurant Group marks the listing as Under Agreement.

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