7,000+ SF Freestanding Building Oppprtunity

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30672021
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Status: Pending/Contingent
Building Size (RSF): 7,100 SF
Gross Land Area: 1.09 Acres
Sale Price: $750,000
Unit Price: $105.63 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/29/2021

Overview / Comments

Fantastic opportunity to acquire an excellent restaurant location that was home to a successful family-owned business for 55+ years. The 7,100+/- SF property is fully built out for a restaurant and features an extensive selection of quality kitchen equipment that can be negotiated into the sale upon request. The oversized kitchen has been meticulously maintained and features more equipment than you can imagine, complimented by a large walk in refrigerator, and multiple storage rooms for supplies. The dining area seats 260+/- people and features a separate area designated for take-out orders, as well as a separate ice cream stand. 172 Plaistow road provides a great signage opportunity paired with 70+/- parking spots and 255' of frontage on the highly trafficked road, The site is conveniently located on RT 125 right over the Massachusetts border. Call MANSARD today to schedule a complimentary tour of this move-in ready restaurant.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 30063000000
Zoning: C-1
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: Rt. 125 Plaistow Road
Feet of Frontage: 255
Traffic/Vehicle Count: 12,186
Highway Access: 3.7 miles North of I-495
Airports: 41 miles from Logan Int. Airport | 30 miles from Manchester-Boston Regional Airport
Area Description: Located on the highly trafficked RT 125, Plaistow is situated on nine square miles. Plaistow is bordered by Hampstead, Kingston, Newton, Atkinson and Haverhill, Massachusetts.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1950
Roof Type: Flat
Parking Type: Surface
Parking Description: 72 parking spaces offered
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Interior Description: HVAC included
Lot Frontage: 255'
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,775 23,477 64,951
Median Age: 40.91 43.56 41.9
Households: 1,455 9,266 24,575

Contact

Photograph of Listing Agent

Jeremy Cyrier

Mansard NECPE Member
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