Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    123-ABC Popular Food Stop Way North Andover, MA 01845

    For Sale
    $400,000

    Award-winning restaurant with loyal customer base and growth potential.

    Lot size:
    0.58 Acres

    Property Features for 123-ABC Popular Food Stop Way

    General Information

    Lot size
    0.58 Acres

    Building Details

    Year built
    2000

    Source: Barry Realty Group Agent Peter Castrichini

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

    Overview

    Established Restaurant Business For Sale

    This is an established restaurant business with a strong local brand name, recognized as 'Best' for 16 years. The business is stable and growing. The current owners are prepared to train and support new ownership as needed. The operation focuses on take-out and delivery services. The restaurant space features a professional layout and is easy to manage. The property has 2,000 square feet with 12 seats. The rent is $3,000, including all expenses except utilities. A lease is in place to ensure a smooth transition. The business has high sales volumes and a loyal customer base. It is cash flow positive from day one. Owner financing is available with a $200,000 deposit, if preferred.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Map

    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0866
    Latitude
    42.6711

    Nearby Similar for Sale

    • $199,900
      1,100 SF

      North Andover Office Space For Sale

      Well-located office space in the desirable Willows Office Park.
      871 Turnpike St, North Andover, MA 01845
      View Details
    • $189,500
      1,422 SF

      Professional Office Space Near Highways

      Impressive office space in North Andover, near major highways.
      231 Sutton St, North Andover, MA 01845
      View Details
    • $879,000
      4,875 SF

      North Andover Commercial Retail/Office Space

      High-traffic retail/commercial units suitable for retail, office, or medical uses.
      565 Chickering Rd, North Andover, MA 01845
      View Details
    • $200,000
      1,723 SF

      North Andover Professional Office Space

      Professional office space in North Andover near major highways.
      231 Sutton St, North Andover, MA 01845
      View Details
    • $50,000
      426 SF

      Professional Office Park Space

      Office space in a professional park near major highways.
      231 Sutton St, North Andover, MA 01845
      View Details
    • Contact for pricing
      94,328 SF

      First-Class Office Space Available

      Office park with updated amenities and convenient highway access.
      790 Turnpike St, North Andover, MA 01845
      View Details

    FAQs

    What type of property is this?
    Restaurant - Award-winning restaurant with loyal customer base and growth potential.
    Where is this restaurant located?
    The property is located at 123-ABC Popular Food Stop Way North Andover, MA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Award-winning, established business with 16 years of recognition.; - High volume sales with a loyal customer base.; - Cash flow positive from day one.
    (978) 204-3874
    Request Owner's contact information
    123-ABC Popular Food Stop Way North Andover, MA 01845
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    123-ABC Popular Food Stop Way
    North Andover, MA 01845
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    123-ABC Popular Food Stop Way North Andover, MA 01845
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.