2,800,000

Land for sale Newburyport

Overview

SUMMARY: Discover an opportunity with this Newburyport land for sale and available for 2,800,000. This could be your next ideal home or a smart investment. More details await.
Welcome to 45 and 47 Water Street, a Waterfront Landmark and Legacy Investment w/200+ years of successful enterprise, that are being offered for sale for the first time in 40 years! These are individual properties being sold together, representing a rare opportunity to put down roots in one New England's most sought-after coastal enclaves. Featured in magazines and destination media for its charming and walkable downtown with exceptional dining, cafes, culture and overall charm, Newburyport has exploded as a bucket-list hometown across all demographics, and these 2 premier offerings stand in the heart of it all. The 1822 Clock Tower Building at 45 Water Street commands the harbor with its stately brick facade and distinctive period architecture. Beside it, 47 Water Street-a 1970 warehouse extending toward the Clipper City Rail Trail-adds scale, flexibility and an unusually expansive downtown footprint. From the 4th-floor balcony (45 Water) Newburyport's working waterfront unfolds before you. Luxury yachts fill the marina directly below; with the Custom House, Harbormaster's office and Waterfront Park all in your sights. Here is a panorama so sweeping, you can watch a sailboat slipping beneath the Gillis bridge's swing span, and follow it all the way through the picturesque harbor to Plum Island - a breathtaking view from the top 2 floors found nowhere else in the city. The 2 buildings ideally are being sold together, with 45 Water Street boasting approximately 9,300 sq. ft. of finished space, character-rich interiors, exceptional visibility and on-site parking. Envision a signature waterfront headquarters; a legacy investment with an attractive balance sheet, or a mixed-use destination pairing luxury residences-and perhaps penthouses above-with a cafe, restaurant or vibrant commercial use below. Built after the Great Fire of 1811 and constructed for permanence during Newburyport's maritime prosperity, it housed Sumner, Swasey and Currier, prominent merchants who connected this harbor with foreign ports bringing goods to supply a growing nation. Generations later, Bennett and Company made it the flagship headquarters of an intl. apparel design and manufacturing business grounded in principles of mindfulness, respect and workforce wellbeing. With 2 complementary buildings, panoramic harbor views, parking, income potential and an irreplaceable setting, this is more than a real estate acquisition. The 2 buildings are being sold together for a total sales price of $8million.
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Details

  • Price: 2,800,000
  • Reference No.: 96251316

Location

Marketed by:

  • Lynne Hendricks
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