Seaview Manor FOR SALE


Rowley, MA
$17,500,000 USD
978-420-9022
, Rowley, MA for Sale
$17,500,000 USD
FOR SALE
1/33
null | Request Cap Rate

Seaview Manor
Rowley, MA


HIGHLIGHTS

  • 44,000 Sq Ft building recently used as a 63 bedroom retirement/rehab facility
  • Additional 3 lots, 2 of which total nearly 40 acres for residential development
  • Newer radiant heating system in building with capacity to support an additional 15,000 sq ft
  • Possible redevelopment project
  • 85 Bedroom Septic Design
  • Helipad

OVERVIEW

Incredible opportunity to acquire this esteemed property! The 44,000 sq ft mansion was built in 1903 and has been beautifully maintained over the last three generations by the same family. Known as the Sea View Manor, this property was used as a continuing care retirement rehabilitation facility. The mansion is situated on 10.39 acres and includes an additional 39.25 acres with residential development potential, totaling 49.64 acres. There are incredible views of Ipswich Bay, Plum Island Sound and Halibut Point Reservation. Additional opportunity to acquire abutting parcels for future expansion. Located only 1 mile from route 1A and 6 miles from Interstate 95. In addition to 50 Mansion Dr, 255 & 285 Central St, 98 Fenno Dr, 0 Fenno Dr, Rowley MA are included in the portfolio. Totaling nearly 40 acres, Each lot has road frontage on Central St with residential development possibilities.

ASK ABOUT THIS PROPERTY

Dan DiodatiBerkshire Hathaway HomeServices Verani RealtyMore Info
978-420-9022

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Dan DiodatiBerkshire Hathaway HomeServices Verani RealtyMore Info
978-420-9022

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.