Restaurant Building with Liquor
10 Baldwinville Road Templeton, MA 01468
10 Baldwinville Road, Templeton, MA, 01468
$1,599,500
For Sale
$1,599,500
Turnkey restaurant property with nearly 7,500 sq. ft., full liquor license, seating for 80, and a renovated 3-season porch.
Property Size7,500 SF
Lot Size2.00 Acres
Price / SF$213.27
Days on Market91
Property Features for 10 Baldwinville Road
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 2.00 Acres
- Property subtype
- Business Opportunity
Building Details
- Year Built
- 2018
Listing agency
Channing Real Estate
(617) 818-5040
Listed by
William Luther · License #449504721
(617) 818-5040
Source
Liongatere
Added: Apr 22 Updated: Jul 20 at 8:49PM Checked: Jul 20 at 8:49PM
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 Channing Real Estate
Investment Insights
Based on property information with market context.
This turnkey restaurant property includes almost 7,500 sq. ft. of interior space and multiple additions configured for ongoing operations. The building features original hardwood floors and landscaped grounds, with a newly renovated 3-season porch designed to support seasonal dining and events. Seating is currently set for 80 guests, and the property also includes a catering business and a full liquor license.
The restaurant is described as serving breakfast and lunch four days per week and is about one mile from Route 2, providing practical access for daily customers and deliveries. The second floor includes an additional 2,500 (+/-) sq. ft. with four bedrooms and a spacious living/dining area with 10' ceilings.
Set on 2 acres of land, the backyard offers outdoor space for a garden or a playground. The property is being offered by the owners of KRO’S on The Common as they prepare to retire.
The restaurant is described as serving breakfast and lunch four days per week and is about one mile from Route 2, providing practical access for daily customers and deliveries. The second floor includes an additional 2,500 (+/-) sq. ft. with four bedrooms and a spacious living/dining area with 10' ceilings.
Set on 2 acres of land, the backyard offers outdoor space for a garden or a playground. The property is being offered by the owners of KRO’S on The Common as they prepare to retire.
Key Highlights
- Restaurant property built in 2018 with almost 7,500 sq. ft. of interior space in turnkey condition
- Full liquor license included
- Seats 80 guests and offers breakfast and lunch 4 days a week
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $162.0k | $21.60 |
| − Vacancy | −$3.6k | −$0.48 |
| EGI | $158.4k | $21.12 |
| − OpEx | −$39.6k | −$5.28 |
| NOI | $118.8k | $15.84 |
7,500 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,827 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,280 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KRO's on the Common
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant property with nearly 7,500 sq. ft., full liquor license, seating for 80, and a renovated 3-season porch.
Where is this conventional restaurant located?
The property is located at 10 Baldwinville Road Templeton, MA.
What is the asking price?
The asking price for this property is $1,599,500.
What are key features of this property?
This property features: Restaurant property built in 2018 with almost 7,500 sq. ft. of interior space in turnkey condition; Full liquor license included; Seats 80 guests and offers breakfast and lunch 4 days a week
