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    63 Springfield St Agawam, MA 01001

    Sponsored
    For Sale
    $300,000

    Turnkey Restaurant, High Sales, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turnkey restaurant and bar opportunity in Agawam, MA, boasts impressive annual sales averaging $3,000,000. The establishment, located at 63 Springfield St, features a stunning custom-built interior with a 52-seat live-edge wood bar, 29 additional live-edge wood tables, and 24 TVs. A spacious private banquet room accommodates 115 guests, complete with its own bar, sound system, and draft lines. The high-volume commercial kitchen is fully equipped with a hood system, Ansul fire suppression, walk-in freezer and refrigerator, and all necessary commercial appliances and prep areas. Ample storage is available with four closets, a secure liquor storage room, and an attached trailer. The upstairs office houses telecommunications equipment, security cameras, and computers. The total seating capacity is 410. The owner's initial investment for build-out, including all equipment and furnishings, was $700,000. Lease terms are transferable. Seller financing is available. This is a rare opportunity to acquire a thriving, established business with significant potential for growth. The property is being offered at $300,000.

    Property Features for 63 Springfield St

    General Information

    Property type
    Investment properties

    Building Details

    Year Built
    2009
    Property Profile Location Intelligence

    Current Use by Public Records

    The Still Bar & Grill American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Agawam
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.63033
    Latitude
    42.08866

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    FAQs

    What type of property is this?
    Investment property - Turnkey Restaurant, High Sales, Great Location
    Where is this investment property located?
    The property is located at 63 Springfield St Agawam, MA.
    What is the asking price?
    The asking price for this property is $300,000.
    (413) 567-3361
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    63 Springfield St Agawam, MA 01001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    63 Springfield St Agawam, MA 01001
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