Restaurant with Commercial Kitchen
For Sale
$180,000
000 Wakefield St, Reading, MA 01867
Restaurant with a commercial kitchen hood and walk-in cooler and freezer in a full basement.
Days on Market15
Property Features for 000 Wakefield St
General Information
Standard status
Active
Property subtype
Business Opportunity
Financials
Asking Price
$180,000
Business Included
Yes
Additional Details
Commercial Hood
Yes
Listing Agency:
Kwan Realty Inc.
(857) 869-9831
Listed By:
Zimo Chen
(857) 869-9831
Source:
Exprealty
Added: Jul 17
Changed: Jul 29
Last Checked: Jul 30 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kwan Realty Inc.
Investment Insights
Based on property information with market context.
Restaurant business opportunity in Reading, MA on Wakefield St. The property includes approximately 3,000 SF of restaurant space plus a full basement of similar size, equipped for day-to-day foodservice operations.
The restaurant is set up with a commercial kitchen hood. The basement features both a walk-in cooler and a walk-in freezer, supporting storage needs for restaurant operations.
The current lease has approximately 3 years remaining, with one additional 5-year renewal option. Additional lease terms may be negotiated with the landlord. Sale is confidential and showings are by appointment only; please do not disturb the owner, management, or employees.
The restaurant is set up with a commercial kitchen hood. The basement features both a walk-in cooler and a walk-in freezer, supporting storage needs for restaurant operations.
The current lease has approximately 3 years remaining, with one additional 5-year renewal option. Additional lease terms may be negotiated with the landlord. Sale is confidential and showings are by appointment only; please do not disturb the owner, management, or employees.
Key Highlights
- Approximately 3,000 SF restaurant space plus full basement of similar size
- Commercial kitchen hood
- Basement includes walk‑in cooler and walk‑in freezer
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01867, MA
25,522
Population
9,895
Households
2.6
Avg Household Size
43
Median Age
65%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,552
Density / Sq Mi
$163,407
Median Household Income
$85,600
Median Earnings
$1,722
Median Rent
$741,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant with a commercial kitchen hood and walk-in cooler and freezer in a full basement.
Where is this conventional restaurant located?
The property is located at 000 Wakefield St Reading, MA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Approximately 3,000 SF restaurant space plus full basement of similar size; Commercial kitchen hood; Basement includes walk‑in cooler and walk‑in freezer
