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Turnkey Restaurant with Liquor License

10 Baldwinville Road Templeton, MA 01468

10 Baldwinville Road, Templeton, MA, 01468
$1,995,000
For Sale
$1,995,000

Turnkey restaurant with full liquor license, seating for 80, and a renovated three-season porch for additional dining.

Property Size7,464 SF
Lot Size2.00 Acres
Price / SF$267.28
Days on Market214

Property Features for 10 Baldwinville Road

General Information

Standard status
Active
Size
7,464 SF
Lot size
2.00 Acres
Property subtype
Commercial

Building Details

Year Built
2018
Listing agency Channing Real Estate
Listed by William Luther
Source Hammondre
Added: Dec 20, 2025 Updated: Jul 22 at 12:21PM Checked: Jul 22 at 12:21PM

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 at 10 Baldwinville Road in Templeton, MA includes almost 7,500 sq. ft. of interior space across the main building and additions, with original hardwood floors and established restaurant features. The property also operates with a catering business and includes a full liquor license. Dining capacity is stated as 80 guests, and there is a newly renovated three-season porch suited for seasonal use.

The interior includes a second floor offering approximately 2,500 (+/-) sq. ft., with long plank original hardwood floors, four bedrooms, and a spacious living/dining area with 10' ceilings. The grounds include about 2 acres of land for a garden or playground. The property is described as being about 1 mile from Route 2 and includes serving breakfast and lunch four days per week.

Key Highlights

  • 2018‑built restaurant property with almost 7,500 sq ft of interior space in turnkey condition
  • Full liquor license and catering business included
  • Seats 80 guests inside

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 $161.2k $21.60
− Vacancy −$3.5k −$0.48
EGI $157.7k $21.12
− OpEx −$39.4k −$5.28
NOI $118.3k $15.84
7,464 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,257 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M (±1% cap)
NOI $178,419 @ 7.0% cap · market cap 8.94%
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

Suggested Use

Auto Repair Shop Parking Lot & Garage HVAC Service Auto Parts Store Building Supply Plumbing Service Real Estate Agency (Bike/Boat/Book/etc) Store Hair Salon Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant with full liquor license, seating for 80, and a renovated three-season porch for additional dining.
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 $1,995,000.
What are key features of this property?
This property features: 2018‑built restaurant property with almost 7,500 sq ft of interior space in turnkey condition; Full liquor license and catering business included; Seats 80 guests inside
Contact an agent
More about this property
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