Restaurant Property with Full
1062 Main St Holden Holden, MA 01520
1062 Main St Holden, Holden, MA, 01520
$1,500,000
For Sale
$1,500,000
Turnkey 125-seat restaurant with full bar, seasonal outdoor service, and parking for 30+ at a signalized Main Street intersection.
Property Size3,776 SF
Price / SF$397.25
Days on Market47
Property Features for 1062 Main St Holden
General Information
- Standard status
- Active
- Size
- 3,776 SF
Building Details
- Year Built
- 1971
Listing Agency
(508) 501-1443
Listed by
Brian Balestracci
(508) 501-1443
Source
Milestonerealtyinc
Added: Jun 4 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 2:01 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian Balestracci
Investment Insights
Based on property information with market context.
This offering consists of a 4,000 SF restaurant property designed to support full-service dining, including a 125-seat dining capacity and a full bar. The building also includes space for seasonal outdoor service. The site provides parking for more than 30 vehicles. Updates to key systems and operational areas include restrooms, kitchen facilities, walk-in coolers, fire sprinklers, and HVAC.
Located on Main Street in Holden, Massachusetts, the property sits at a high-profile, signalized intersection, supporting visibility for passing traffic. The center benefits from proximity to major highway access, which can help connect the location to regional demand.
For operators and buyers seeking a restaurant-ready real estate investment, this property is positioned to continue restaurant use based on its current design and completed system improvements. The layout and infrastructure support everyday foodservice operations, including kitchen functionality, temperature-controlled storage, and life-safety systems, while the seating capacity and bar program can support a range of full-service dining concepts in an active commercial corridor.
Located on Main Street in Holden, Massachusetts, the property sits at a high-profile, signalized intersection, supporting visibility for passing traffic. The center benefits from proximity to major highway access, which can help connect the location to regional demand.
For operators and buyers seeking a restaurant-ready real estate investment, this property is positioned to continue restaurant use based on its current design and completed system improvements. The layout and infrastructure support everyday foodservice operations, including kitchen functionality, temperature-controlled storage, and life-safety systems, while the seating capacity and bar program can support a range of full-service dining concepts in an active commercial corridor.
Key Highlights
- 4,000 SF restaurant property on Main Street in Massachusetts supporting a dining operation with 125 seats and a full bar
- Space for seasonal outdoor service
- Parking for more than 30 vehicles on‑site
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.6k | $21.60 |
| − Vacancy | −$1.8k | −$0.48 |
| EGI | $79.8k | $21.12 |
| − OpEx | −$19.9k | −$5.28 |
| NOI | $59.8k | $15.84 |
3,776 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$854.6K
$747.8K – $997.1K
NOI $59,825 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,262 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pholicious Asian Fusion ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey 125-seat restaurant with full bar, seasonal outdoor service, and parking for 30+ at a signalized Main Street intersection.
Where is this conventional restaurant located?
The property is located at 1062 Main St Holden Holden, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,000 SF restaurant property on Main Street in Massachusetts supporting a dining operation with 125 seats and a full bar; Space for seasonal outdoor service; Parking for more than 30 vehicles on‑site