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    181 State St Granby, MA 01033

    Sponsored
    For Sale
    $875,000

    Established Business, High Traffic Location, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property at 181 W State Street, Granby, MA, presents a unique investment opportunity. Situated on a 1.85-acre lot on high-traffic Route 202, this well-established breakfast and lunch restaurant boasts a prime location near residential areas, major highways, and colleges. The building includes a thriving restaurant with a beer and wine license, offering ample indoor seating around a cozy fireplace and outdoor seating on a fenced patio. A significant advantage is the existing successful pick-up and catering business, ripe for expansion. Further revenue potential exists through various avenues: extending hours to include dinner service, utilizing the existing ice cream window, introducing baked goods, or expanding catering services to off-site events. The property also features a second-floor apartment and a finished garage space, both offering rental income potential or the possibility of owner occupancy. These spaces could also be utilized as short-term rentals via platforms like Airbnb. The property's long-standing reputation within the community provides a solid foundation for continued success. This turnkey business offers immediate income and significant upside for a new owner. The asking price is $875,000.

    Property Features for 181 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    80,586 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Willow Wind Labradors Dog Breeder Bitter Day Herbals Florist Something Special Café ... Caterer

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Gym & Fitness Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Granby
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.52715
    Latitude
    42.25471

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, High Traffic Location, Huge Potential
    Where is this commercial real estate located?
    The property is located at 181 State St Granby, MA.
    What is the asking price?
    The asking price for this property is $875,000.
    (413) 596-6711
    Request Owner's contact information
    181 State St Granby, MA 01033
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    Granby, MA 01033
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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
    181 State St Granby, MA 01033
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