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    304 Lincoln Ave Saugus, MA 01906

    Sponsored
    For Sale
    $250,000

    Thriving Restaurant, Prime Location, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional restaurant opportunity in Saugus, MA, presents a unique chance to acquire a well-established business in a highly desirable North Shore location. Situated on a 0.04-acre lot at 304 Lincoln Ave, this turnkey establishment boasts a full pour liquor license, ensuring immediate operational readiness. The restaurant comfortably seats 50-60 guests, providing ample space for a diverse clientele. A comprehensive security system is already in place, offering peace of mind and operational efficiency. The current owners are motivated to sell, making this an attractive proposition for serious buyers. The property benefits from exceptional demographics and prime accessibility, contributing to a loyal customer base already established. Attractive lease rates are available, with options for renewal, providing long-term stability and financial predictability. This presents a significant opportunity for growth and expansion, allowing a new owner to implement innovative ideas and branding strategies within a proven, successful framework. The asking price is $250,000, with reasonable offers considered. Don't miss this chance to own a thriving restaurant in one of the North Shore's most coveted towns. Schedule a showing to explore the potential of this remarkable business.

    Property Features for 304 Lincoln Ave

    General Information

    Property type
    Investment properties
    Lot Size
    1,742 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Attractive Nails Nail Salon Flex Fitness Gym BEAT ConnXtionz Dance ... Dance Company Richdale Convenience Store Convenience Store Joes Beer And Wine Beer Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    Saugus
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.99736
    Latitude
    42.44941

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    FAQs

    What type of property is this?
    Investment property - Thriving Restaurant, Prime Location, High Potential
    Where is this investment property located?
    The property is located at 304 Lincoln Ave Saugus, MA.
    What is the asking price?
    The asking price for this property is $250,000.
    (781) 883-0707
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    304 Lincoln Ave Saugus, MA 01906
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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
    304 Lincoln Ave Saugus, MA 01906
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