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Freestanding Restaurant with Event Room
For Sale
$999,800

885 Main Street, Tewksbury, MA 01876

Licensed restaurant operation with commercial kitchen, walk-in cooler, bar service, and on-site parking.

Property Size6,256 SF
Price / SF$159.81
Days on Market514

Property Features for 885 Main Street

General Information

Standard status Active
Size 6,256 SF
Property subtype Commercial
Zoning IL

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $25,629

Building Details

Building Size 6,256 SF
Year Built 1930
Buildings 1
Listing Agency: Hammond Residential Real Estate
Listed By: Chris Bernier
Source: Churchillprop
Added: Apr 4, 2025 Changed: Aug 29 Last Checked: Jul 6 at 5:14PM

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 Hammond Residential Real Estate

Investment Insights

Based on property information with market context.

This 6,256-square-foot freestanding restaurant property at 885 Main Street includes a primary dining area with seating for 200 and a separate 30-seat function room with its own bar. The premises are equipped with a commercial kitchen, walk-in cooler, restaurant furnishings, and operating equipment. The offering includes the real estate and business assets, along with transfer of the business operating licenses and full liquor license.

Built in 1930, the property is situated on Route 38 in Tewksbury and includes on-site common parking. It is part of a condominium association. The existing restaurant configuration supports continued food-service operations, while any alternative use or redevelopment remains subject to buyer due diligence.

Key Highlights

  • 6,256‑square‑foot freestanding restaurant building at 885 Main Street, Tewksbury, MA 01876
  • Main dining area seats 200
  • Separate 30‑seat function room with its own bar

Property Analytics

Current Use

Stephanie Dimino Physician Quamme Kimberly Physician Louis Coiro, PT Physician Dance Expressions Training Center Boston Bartenders School Vocational School

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Garden Center Locksmith Computer & Electronic Repair Cafe & Coffee Shop

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
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
TD Bank Shops & Services
4,193 visits/mo 0.3 miles
Mobil Shops & Services
2,080 visits/mo 0.4 miles
Enterprise Rent-A-Car Shops & Services
1,186 visits/mo 0.1 miles
Devon Self Storage Shops & Services
435 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
382 visits/mo 0.2 miles

Demographics for 01876, MA

31,105
Population
12,212
Households
2.5
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
1,495
Density / Sq Mi
$126,795
Median Household Income
$65,008
Median Earnings
$2,248
Median Rent
$546,600
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Licensed restaurant operation with commercial kitchen, walk-in cooler, bar service, and on-site parking.
Where is this conventional restaurant located?
The property is located at 885 Main Street Tewksbury, MA.
What is the asking price?
The asking price for this property is $999,800.
What are key features of this property?
This property features: 6,256‑square‑foot freestanding restaurant building at 885 Main Street, Tewksbury, MA 01876; Main dining area seats 200; Separate 30‑seat function room with its own bar
More about this property
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