Two-Building Restaurant
New
For Sale
$3,450,000
139 /127 Lakeside Ave, Marlborough, MA 01752
A separate building offers space for restaurant expansion or retail and office occupancy.
Property Size11,114 SF
Price / SF$310.42
Days on Market2
Property Features for 139 /127 Lakeside Ave
General Information
Standard status
Active
Size
11,114 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Patio
Yes
Building Details
Year Built
1954
Buildings
2
Listing Agency:
Daniel Patrick Real Estate LLC
Listed By:
Edward Andrade
(508) 925-0433
Source:
Livianhomesct
Added: Oct 4
Last Checked: Oct 4 at 2:19PM
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 Daniel Patrick Real Estate LLC
Investment Insights
Based on property information with market context.
The property brings together two buildings on one parcel. The restaurant building contains 6,551 square feet and has an occupancy capacity of 226, with a bar, dining room, separate function room, and patio. A second 4,563-square-foot building can serve as additional restaurant space or be used for retail or office occupancy.
The property is on Lakeside Avenue in Marlborough, near Interstate 495. The patio overlooks Lake Williams, and the site is on Route 20.
The property is on Lakeside Avenue in Marlborough, near Interstate 495. The patio overlooks Lake Williams, and the site is on Route 20.
Key Highlights
- Restaurant building contains 6,551 square feet with a 226‑person occupancy capacity
- Restaurant layout includes a bar, dining area, separate function room, and patio
- Second building measures 4,563 square feet and supports restaurant, retail, or office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,179
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,163,580
$4.2M
Cap Rate 7%
$2,973,986
$3.0M
Cap Rate 9%
$2,313,100
$2.3M
Market Conditions
NOI Build-Up for 11,114 SF
Gross rent
$300.1K $27.00/SF
− Vacancy
−$22.5K −$2.03/SF
EGI
$277.6K $24.98/SF
− OpEx
−$69.4K −$6.24/SF
NOI
$208.2K $18.73/SF
Area
Middlesex County, MA
Vacancy
7.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,163,580
Cap Rate 7%
$2,973,986
Cap Rate 9%
$2,313,100
Alternative Uses
Best Use
Specialty Retail
$2.97M
$2.60M – $3.47M
NOI $208,179 @ 7.0% cap · market cap 6.03%
Second Best
Mixed Use
$2.62M
$2.29M – $3.06M
NOI $183,381 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$6.58M
$5.76M – $7.68M
NOI $460,561 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 40%
Hotels & Casinos 2%
Dunkin' Donuts
Dining
14,925 visits/mo
0.2 miles
Shell
Shops & Services
12,277 visits/mo
0.4 miles
Mobil
Shops & Services
8,385 visits/mo
0.3 miles
7-Eleven
Shops & Services
5,322 visits/mo
0.1 miles
D'Angelo Grilled Sandwiches
Dining
3,013 visits/mo
0.4 miles
Demographics for 01752, MA
41,793
Population
17,370
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
2,000
Density / Sq Mi
$95,047
Median Household Income
$49,012
Median Earnings
$1,721
Median Rent
$485,400
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 - A separate building offers space for restaurant expansion or retail and office occupancy.
Where is this conventional restaurant located?
The property is located at 139 /127 Lakeside Ave Marlborough, MA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Restaurant building contains 6,551 square feet with a 226‑person occupancy capacity; Restaurant layout includes a bar, dining area, separate function room, and patio; Second building measures 4,563 square feet and supports restaurant, retail, or office use
