Catylist ID:
#30806897
| Catylist Listing ID: | 30806897 |
| Property Subtypes: | Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub |
| Building Size (RSF): | 5,694 SF |
| Gross Building Area: | 8,766 SF |
| Gross Land Area: | 11.80 Acres |
| Sale Price: | $3,895,000 |
| Unit Price: | $684.05 PSF |
| Ceiling: | 10 ft. |
| Property Use Type: | Vacant/Owner-User, Business |
| Building Name: | Colonial Candies |
| Usable Size (USF): | 5,694 SF |
| Core Factor: | 576% |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/18/2023 |
Overview / Comments
|
Here it is... This VERY HIGH PROFILE landmark property "Colonial Candies" store on RT 495 in Bolton, MA. Over 1,266 feet of frontage on the highway with 130k plus vehicles looking at this store every day. This 5,694 sq ft building currently offers retail, restaurant and ice cream on main level. High ceilings, open stairway, timber framed interior and large brick fireplace add to the charm of this store. Large production area is located on the lower level. The second floor consists of 2,600 sq ft of space that is currently the owners' quarters. First time offered in over 50 years. Owners are retiring. Heating system consists of 2 separate units. Oil fired, forced hot air with A/C serves the main floor and lower level. The force hot water serves the water needs and heats the upper level. A separate A/C in attic cools the upstairs area. 200 AMP electric with 2 additions panels. 47 parking spaces with approved expansion of restaurant and parking lot. Many uses: Retail, Office, Medical, Restaurant, Bank, and more. Easy on and off access from the highway. 11 miles north of the Mass Pike on RT 495 at exit 70. 11 acres total: 8 plus acres with commercial building and another 2.9 acres accross the highway. |
Attachments & Media
Additional Details
| Nearest MSA: | Worcester |
| County: | Worcester |
| Taxing Authority: | Bolton MA |
| Tax ID/APN: | 034/004.D-0000-0001.0 |
| Zoning: | COMMERCIAL |
| Retail Clientele: | General, Traveler, Tourist, Recreation |
| Property Located Between: | RT 495 and RT 117 - " Main St" in Bolton |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Rt 495 and RT 117 |
| Feet of Frontage: | 1,266 |
| Traffic/Vehicle Count: | 130,000 |
| Highway Access: | Right off exit 70 from Rt 495 and straight at the signalized light onto Sugar Rd |
| Airports: | Boston Logan International Airport |
| Site Description: | Large 11.8 acres with 2.9 acres of the land accross the highway. The development of RT 495 cut this lot into 2 parcels |
| Area Description: | Bolton is a charming NE town. Only 25 miles from Boston. Famous golf resort, winery, and a small population are only a few of the reasons for its popularity. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Property Condition: | Excellent |
| Year Built: | 1980 |
| Roof Type: | Gable |
| Construction/Siding: | Wood Frame |
| Exterior Description: | Wood siding |
| Total Parking Spaces: | 47 |
| Parking Type: | Surface |
| Parking Description: | Paved and Lined |
| Sprinklers: | Wet |
| Heat Type: | Propane, Oil, Hot Water |
| Heat Source: | Baseboard, Central, Heat Pump |
| Air Conditioning: | Engineered System, Evaporative Cooler |
| Internet Access: | Cable |
| Interior Description: | Charming timber framed interior featuring a fireplaced dining room. Large open stairway to upper level. |
| Zoning Description: | Limited Business with many permitted uses |
| Lot Frontage: | 1742 |
| Lot Depth: | 400 |
| Water Service: | Well |
| Sewer Type: | Septic |
| Land Ownership: | Fee Simple |
| Legal Description: | The informarion contained herein is from sources deemed reliable, but is not guaranteed by KW Commercial. All data is subject to error or omissions without notice. Buyers or tenants are encourage to perform their own inspections and due diligence on this property. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,294 | 17,500 | 66,131 |
| Median Age: | 41.24 | 41.27 | 41.41 |
| Households: | 748 | 6,642 | 25,019 |
Contact
Douglas C MartinKW Commercial, NHNECPE Member |
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