Prime Main Street Property
Location Massachusetts,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Ideal main street location, former restaurant anchor tenants were Bumbolini's & Beech Tree Bar, the restaurant space is currently vacant and available for lease, restaurant makes up 58% of the property. Property contains 6 commercial units and 2 residential apartments. Would be ideal for end user restaurateur, rental property in rear if 100% occupied would cash flow front/restaurant space. Substantial capital improvements over the last three years including roof, apartment remodel, heating systems and restaurant. Located in the growth incentive zone area for redevelopment and mixed use zoning. Several local and state tax incentive programs available.
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