123 Main St Ware, MA 01082-1349
- Investment properties
- 15,840 SF
- 0.24 lot acres
Apr 18, 2023
Current Use by Public Records
- Investment properties
Property Details for 123 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.24 lot acres
- Property size
- 15,840 SF
- Zone code
- DTC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- WARE M:00060 B:00000 L:00138
- APU
- WAREM00060B00000L00138
Description
This exceptional commercial property at 123 Main St, Ware, MA, presents a unique investment opportunity. The building boasts a prime downtown location and a rich history as a well-established pizza shop operating for over 25 years. The main floor encompasses a fully equipped restaurant with seating for 24 guests and two fully functional bars. Three 5-ton air conditioning units ensure climate control throughout the space. A substantial walk-in cooler and freezer, measuring 18' x 22', provides ample storage for food and beverage inventory. The basement offers versatile space, currently configured as a music studio, along with additional bathrooms and extensive storage areas. Multiple rental options are available to suit various business needs. The entire first floor, including the restaurant, bars, and basement, is available for $5200 per month plus utilities. Alternatively, approximately 2200 square feet of the first floor (right side of the bar area) can be leased for $3500 per month plus utilities. A third option involves leasing only the restaurant space and the basement for $1800 per month plus utilities. The 0.24-acre lot provides convenient access and visibility. This property is ideal for an established business seeking expansion or a new venture looking for a turnkey operation in a thriving downtown area. The existing infrastructure and equipment offer significant cost savings and immediate operational capabilities.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $415,000
- ML approach
- $500,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ware
- County
- Hampshire
- State
- Massachusetts
- Longitude
- -72.2427
- Latitude
- 42.2609
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA