Gill Tavern

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30647991
Property Subtypes: Mixed Use, Restaurant
Status: Pending/Contingent
Building Size (RSF): 2,235 SF
Sale Price: $225,000
Unit Price: $100.67 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Gill Tavern
Usable Size (USF): 2,235 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/5/2021

Overview / Comments

The current owners transformed this antique gem that was once the Gill Store into one of the area's finest restaurants known as the Gill Tavern. The owner of the restaurant will continue to operate this very popular dining destination and is the perfect tenant. The interior has a warm and inviting atmosphere with an attractive bar, original built-ins, wood floors, good size kitchen, walk-in cooler, restroom, office and outside dining area. The second floor has a charming apartment that consists of a kitchen, dining and living room, 2 bedrooms and a full bath. There is a large full walk out basement with high ceilings and ample amounts of storage. The owners added steel beams for additional supports, updated the electrical and plumbing, added insulation and a new roof was installed in 2005 and the Buderus heating system is only 12 years old. This special building comes with 10 parking spaces, garden area and it is located in the town's center.

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Additional Details

Nearest MSA: Springfield
County: Franklin
Taxing Authority: Town of Gill, MA
Tax ID/APN: N:212.0 B:0000 L:0025.0
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Largest Nearby Street: Lyon Hill Road and Center Road
Feet of Frontage: 153
Highway Access: With in 10 minutes to Route 2 in Gill or Route 10 in Bernardston
Site Description: Level site with 10 private parking spaces and main road location in the center of town.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,435 SF
Year Built: 1934
Construction/Siding: Wood Frame
Total Parking Spaces: 10
Parking Type: Surface
Zoning Description: Mixed Use Special Permit
Lot Frontage: 153FT

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,485 19,901
Median Age: 42.43 44.43
Households: 2,283 8,485
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