Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

123 Main St Ware, MA 01082-1349

  • Investment properties
  • 15,840 SF
  • 0.24 lot acres
OFF-MARKET
Last Sale
Apr 18, 2023
$500,000
Value Estimations
$415,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-1518707
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,332
$54,300
$370,500
$424,800
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message