122-132 Main Street, Essex MA 01929

Essex, MA 01929
$4,750,000
Est. $25,281/month
8,453
Sq Ft
$562
Price/Sq Ft
1.09
Acres
1925
Year Built
5-9 Family
Type
156
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73299994

About this home

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.

Sale Statistics

Sale Overview
Original List Price: $5,900,000
Final Sale Price: $4,750,000
Difference: $1,150,000 (-19.5%)
Performance Metrics
80.5%
List to Sale Ratio
Sold below asking price
156
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $698
Sale $/sq ft: $562
This property sold for $562 per square foot
Sale Summary

This property sold for 19.5% below the original asking price.

At 156 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1925
Living Area
8,453 sq ft

Interior Features

Has Fireplace
No

Exterior & Structure

Foundation
Block
Has Spa
No
View
Scenic View(s)
Has View
Yes
Waterfront Features
Waterfront, River, Marina, Marsh
Waterfront Property
Yes

Lot & Land

Lot Size
1.09 acres
Lot Size
47,597 sq ft
Lot Size Area
1.0900
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
37
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$60,352
Tax Year
2024
Tax Assessed Value
$4,198,000
Zoning
COO & RS2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
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.

Location

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Neighborhood

122-132 Main Street, Essex MA 01929

Essex, MA 01929

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $5,029
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.4%
Price Range
162
Total Days on Market

Property Timeline

Sold
Apr 30, 2025
$4,750,000
Property sold
Days on Market: 162
🏠
Listed for Sale
Oct 8, 2024
$5,300,000
Original listing
Agent: Piantidosi Group Office: Coldwell Banker Realty - Andovers/Readings Regional

Price & Status History

Date Event Price Change
Oct 8, 2024 New Listing Added $5,300,000

Market Statistics

Days on Market
156 days
Price per Sq Ft
$562

Tax History

Year Taxes Assessment
2024 $60,352 $4,198,000

Financial Details

Annual Property Tax
$60,352
Tax Year 2024
Assessed Value
$4,198,000

Listing Information

Listing Agent Piantidosi Group
Listing Office Coldwell Banker Realty - Andovers/Readings Regional
Agent MLS ID TM336881
Office MLS ID AN8827

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