Restaurant with attached apartment

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30859501
Property Subtypes: Mixed Use, Restaurant, Other
Status: Pending/Contingent
Building Size (RSF): 1,480 SF
Gross Building Area: See Agent
Sale Price: $229,000
Unit Price: $154.73 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2023

Overview / Comments

Lots of potential with this property that includes a three room, one-bedroom apartment for income or live where you work! Formerly a restaurant, bring your ideas for a new restaurant, sandwich shop, pizza, or another commercial use. (must do your own due diligence for what is allowed in this zone, see attached zoning documents) or scrape the site and start with your own new plan. The restaurant has approximately seating for 25-30 customers. Plenty of parking, excellent visibility and existing curb cut on state route 107. Restaurant space needs a lot of work, apartment currently rented to a month to month tenant for $1,500.00. Nice flat, partially fenced in .61-acre lot for possible expansion, or additional parking. Existing restaurant equipment included with sale. Being sold AS/IS MOTIVATED SELLER! SOME INTERIOR RESTAURANT PHOTOS ARE FROM WHEN RESTAURANT WAS IN OPERATION AND DO NOT REFLECT CURRENT CONDITION. SOME ARE CURRENT CONDITION PHOTOS

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 02/060
Lot Frontage: TBD

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,977 28,943
Median Age: 40.08 41.1
Households: 3,143 10,295


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