Restaurant Business Opportunity For
1060 Main St Leicester, MA 01524
1060 Main St, Leicester, MA, 01524
$600,000
For Sale
$600,000
Restaurant business with liquor license and equipment for sale.
Property Size3,300 SF
Price / SF$181.82
Days on Market89
Property Features for 1060 Main St
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Business Opportunity
Building Details
- Year Built
- 2026
Listing Agency
V & E Realty
(617) 290-8289
Listed by
Derek Wong · License #455500324
(617) 290-8289
Source
Liongatere
Added: Apr 22 Checked: Jul 19 at 5:25 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 V & E Realty
Investment Insights
Based on property information with market context.
This is a restaurant business opportunity for sale, situated in a visible location on Main Street with substantial traffic. The interior space measures approximately 3,300 sq. ft. and includes a dining area, bar seating, a sushi bar, and a kitchen. The property features on-site parking with approximately 45 spaces. A large basement offers potential for expansion, storage, or private event space. The asking price includes the restaurant business opportunity, liquor license, and equipment. The restaurant has not yet opened for business.
Key Highlights
- Prime Main Street location with high visibility and traffic.
- Includes restaurant business opportunity, liquor license, and equipment.
- Approximately 3,300 sq. ft. of interior space with dining area, bar, sushi bar, and kitchen.
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 | $71.3k | $21.60 |
| − Vacancy | −$1.6k | −$0.48 |
| EGI | $69.7k | $21.12 |
| − OpEx | −$17.4k | −$5.28 |
| NOI | $52.3k | $15.84 |
3,300 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$746.9K
$653.6K – $871.4K
NOI $52,284 @ 7.0% cap · market cap 8.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$986.0K – $1.31M
NOI $78,883 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Crossroads Pizza & Marketplace
Grocery & Convenience Store
Stellar Solar Pros ...
Production Facility
Leicester Food & Beverage
Big Box & Wholesale Store
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FAQs
What type of property is this?
Restaurant - Restaurant business with liquor license and equipment for sale.
Where is this restaurant located?
The property is located at 1060 Main St Leicester, MA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime Main Street location with high visibility and traffic.; Includes restaurant business opportunity, liquor license, and equipment.; Approximately 3,300 sq. ft. of interior space with dining area, bar, sushi bar, and kitchen.
