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    1519 Main St Palmer, MA 01069

    For Sale
    $650,000

    Former Friendly's - Liquor License Included

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 1519 N Main St in Palmer, MA, presents a unique opportunity for restaurateurs. The building, a former Friendly's restaurant, boasts approximately 3,083 square feet of well-established restaurant space, ready for immediate occupancy. The property sits on a sizable 0.55-acre lot, offering ample space for outdoor seating or potential expansion. A significant advantage is the inclusion of a readily transferable liquor license, a valuable asset for any establishment serving alcoholic beverages. This eliminates the lengthy and often complex process of obtaining a new license, saving considerable time and resources for the new owner or tenant. The building's previous use as a successful restaurant provides a solid foundation, with existing infrastructure likely suitable for a variety of culinary concepts. The asking price for this turnkey operation is $650,000. This represents a compelling investment opportunity in a desirable location with significant potential for high returns. The property is available for sale or lease, offering flexibility to suit various business models and financial strategies. Serious inquiries are encouraged to explore this promising venture further. The property's prime location on North Main Street ensures high visibility and accessibility, attracting a substantial customer base. Don't miss this chance to acquire a well-positioned restaurant property with a valuable liquor license already in place.

    Property Features for 1519 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1961
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.33614
    Latitude
    42.16059

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    FAQs

    What type of property is this?
    Commercial real estate - Former Friendly's - Liquor License Included
    Where is this commercial real estate located?
    The property is located at 1519 Main St Palmer, MA.
    What is the asking price?
    The asking price for this property is $650,000.
    (413) 282-8080
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    1519 Main St Palmer, MA 01069
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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
    1519 Main St Palmer, MA 01069
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