Operational Restaurant & Banquet
New
For Sale
$1,350,000
1426-1428 Center St, Ludlow, MA 01056
Established food-service property includes an operating banquet program and on-site furnishings, fixtures, and equipment.
Property SizeContact for details
Days on Market3
Property Features for 1426-1428 Center St
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$8,639
Building Details
Year Built
1962
Listing Agency:
(413) 461-5042
Listed By:
Maggi Group
(413) 461-5042
Source:
Elliman
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 5:35AM
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 Maggi Group
Investment Insights
Based on property information with market context.
This restaurant property includes an active banquet facility and the operating business. The sale incorporates the furniture, fixtures, equipment, and other seller-identified assets associated with the operation. The facility has an established schedule averaging 5 to 7 banquets per week, providing an existing event component alongside restaurant use.
Located at 1426-1428 Center St in Ludlow, Massachusetts, the property was built in 1962. A new septic system was installed in 2024. The current owner is willing to remain for transition guidance, with specific arrangements subject to negotiation.
Located at 1426-1428 Center St in Ludlow, Massachusetts, the property was built in 1962. A new septic system was installed in 2024. The current owner is willing to remain for transition guidance, with specific arrangements subject to negotiation.
Key Highlights
- Operating restaurant and banquet facility included in the sale
- Average schedule of 5 to 7 banquets per week
- Furniture, fixtures, equipment, and other seller‑identified assets included
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01056, MA
21,002
Population
8,984
Households
2.3
Avg Household Size
46
Median Age
25%
College-Educated
89%
High-School Grad
27.2 sq mi
ZIP Area
772
Density / Sq Mi
$78,981
Median Household Income
$47,449
Median Earnings
$1,250
Median Rent
$303,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established food-service property includes an operating banquet program and on-site furnishings, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 1426-1428 Center St Ludlow, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Operating restaurant and banquet facility included in the sale; Average schedule of 5 to 7 banquets per week; Furniture, fixtures, equipment, and other seller‑identified assets included
