Colonial Candies

Retail-Commercial for Sale
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: 9/25/2022

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.

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.

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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

Photograph of Listing Agent

Douglas C Martin

KW Commercial, NH
NECPE Member
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