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Restaurant with Beer and Wine License

12 Union Avenue, Framingham, MA 01702

For Sale
$305,000

Operating since 2005, the restaurant can be sold with or without its established business name and rights.

Property SizeContact for details
Days on Market8

Property Features for 12 Union Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Building Details

Year Built 2005
Listing Agency: Dell Realty Inc.
Listed By: Sergio Fialho Filho
Source: Sredboston
Added: Nov 1 Changed: Nov 6 Last Checked: Nov 6 at 10:42AM

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 Dell Realty Inc.

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Investment Insights

Based on property information with market context.

This restaurant has operated since 2005 and includes a beer and wine license. The sale can include the established business name and rights, or proceed without them.

The property is at 12 Union Avenue in downtown Framingham, directly across from Framingham City Hall. Parking is available nearby.

Key Highlights

  • Beer and wine license in place
  • Restaurant operation dates to 2005
  • Across from Framingham City Hall at 12 Union Avenue

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Locksmith Storage Facility Food Market Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,321
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 32%
Dunkin' Donuts Dining
7,647 visits/mo 0.4 miles
TD Bank Shops & Services
3,517 visits/mo 0.5 miles

Demographics for 01702, MA

39,515
Population
15,303
Households
2.6
Avg Household Size
35
Median Age
39%
College-Educated
83%
High-School Grad
8.2 sq mi
ZIP Area
4,819
Density / Sq Mi
$78,784
Median Household Income
$41,792
Median Earnings
$1,822
Median Rent
$563,600
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Middlesex County, MA

$385 Jul
$445 Aug
$356 Sep
$340 Oct

Properties on Market for Conventional restaurants in Middlesex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating since 2005, the restaurant can be sold with or without its established business name and rights.
Where is this conventional restaurant located?
The property is located at 12 Union Avenue Framingham, MA.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Beer and wine license in place; Restaurant operation dates to 2005; Across from Framingham City Hall at 12 Union Avenue
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