Building Details

Year Built 1930

Listing Agency: Coldwell Banker Community REALTORS

Listed By: Wanda Mooney · License #449000115 Show Phone

Source: Cbcommunityrealtors

Added: May 27 Changed: Oct 28 Last Checked: Oct 28 at 9:01AM

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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 Coldwell Banker Community REALTORS

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Investment Insights

Based on property information with market context.

Baker's Country Store is offered for sale complete with the building, established business, plus all inventory and equipment included. The vintage-style country store carries general merchandise along with groceries, fresh produce, baked goods, and prepared foods. Interior features include a fully equipped kitchen, coolers, a customer seating area, and a 1/2 bath, with a full basement for additional storage.

The property is located on Route 116 in Conway and is described as having outstanding visibility, easy access, and high traffic.

Additional onsite features include gasoline and diesel pumps. The business also notes potential expansion opportunities, including obtaining a full liquor license, offering specialty beer, wine & spirits, adding a take-out window, or adding customer seating windows overlooking the South River.

Key Highlights

• Baker's Country Store is offered for sale as a complete operation with the building, established business, inventory, and equipment included.
• Vintage‑style country store on Route 116 in Conway with high traffic and easy access.
• Year built: 1930; includes fully equipped kitchen, coolers, 1/2 bath, and a customer seating area.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,456

Cap Rate

6.77%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$589,120 $589.1K

Cap Rate 7%

$420,800 $420.8K

Cap Rate 9%

$327,289 $327.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,992 SF

Gross rent

$43.0K $21.60/SF

− Vacancy

−$947 −$0.48/SF

EGI

$42.1K $21.12/SF

− OpEx

−$12.6K −$6.34/SF

NOI

$29.5K $14.79/SF

Area

Franklin County, MA

Vacancy

2.20%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$589,120

Cap Rate 7%

$420,800

Cap Rate 9%

$327,289

Alternative Uses

Best Use

Specialty Retail

$674.7K

$590.4K – $787.2K (±1% cap)

NOI $47,231 @ 7.0% cap · market cap 10.86%

Second Best

Retail

$420.8K

$368.2K – $490.9K (±1% cap)

NOI $29,456 @ 7.0% cap · market cap 6.77%

Theoretical Best

Healthcare Medical

$826.0K

$722.8K – $963.7K (±1% cap)

NOI $57,822 @ 7.0% cap · market cap 13.29%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Bakers Country Store Grocery & Convenience Store

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

52

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 01341, MA

1,539

Population

760

Households

2

Avg Household Size

53

Median Age

59%

College-Educated

98%

High-School Grad

33.6 sq mi

ZIP Area

46

Density / Sq Mi

$93,250

Median Household Income

$48,152

Median Earnings

$1,696

Median Rent

$376,500

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - For sale as a complete operation with building, established business, inventory, and equipment, plus gasoline and diesel pumps.

Where is this grocery and convenience store located?

The property is located at 101 River Street Conway, MA.

What is the asking price?

The asking price for this property is $435,000.

What are key features of this property?

This property features: Baker's Country Store is offered for sale as a complete operation with the building, established business, inventory, and equipment included.; Vintage‑style country store on Route 116 in Conway with high traffic and easy access.; Year built: 1930; includes fully equipped kitchen, coolers, 1/2 bath, and a customer seating area.