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    2254 Main St Tewksbury, MA 01876

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    For Sale
    $949,900

    Remodeled restaurant/bar with tenant, parking, and unfinished basement.

    Property size:
    3,260 SF
    Lot size:
    0.65 Acres

    Property Features for 2254 Main St

    General Information

    Size
    3,260 SF
    Lot size
    0.65 Acres

    Source: BHHS - Commonwealth Real Estate | Reading Agent Judith G Mason

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Freestanding Building For Sale

    This is a freestanding building that was remodeled in 2024 with new natural gas heating and AC. The property is currently used as a restaurant and bar. It features an existing tenant with a 5-year Triple Net Lease, paying $4,100 per month. The building offers a large, unfinished basement that could be finished for additional space and use. The property has a size of 3,260 square feet and provides parking. It is located near the Wilmington Line, offering high visibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Pull-Up Latin American Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tewksbury
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1951336
    Latitude
    42.581944

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    FAQs

    What type of property is this?
    Bar - Remodeled restaurant/bar with tenant, parking, and unfinished basement.
    Where is this bar located?
    The property is located at 2254 Main St Tewksbury, MA.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: - Existing tenant with a 5-year Triple Net Lease paying $4,100 per month - great investor appeal.; - Remodeled in 2024 with all new natural gas heating and AC.; - Great location near the Wilmington line with lots of visibility.
    (617) 710-5597
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    2254 Main St Tewksbury, MA 01876
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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
    2254 Main St Tewksbury, MA 01876
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