Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Restaurant and Marina Title is generated by Realmo AI

    141 Congamond Rd Southwick, Southwick, MA 01077

    View on Map
    Claim this Listing
    New
    For Sale
    $1,600,000

    Waterfront restaurant with lake views, indoor/outdoor stages, and an included liquor license, supported by marina boat slips.

    Property size:
    19,838 SF
    Price / SF:
    $80/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:27 am

    Property Features for 141 Congamond Rd Southwick

    General Information

    Standard status
    Active
    Size
    19,838 SF

    Building Details

    Year Built
    1935

    We can help!

    Listing Contact
    Michele Costa

    Listing agent Michele Costa

    Listing office

    Listing date Jun 3, 2026

    Source Milestonerealtyinc

    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 Michele Costa

    HighLights

    • Waterfront restaurant with lake views
    • Includes a liquor license
    • Indoor and outdoor stages for events and entertainment
    • 36 boat slips available (16 for the restaurant if leased)
    • Recently updated plumbing and sprinkler system
    • Lease rate listed at $7,500/mo NNN (property also available for sale or lease)

    Overview

    This waterfront property combines food and entertainment space with marina amenities. Inside, it features a cozy fireplace in the bar. The concept is built for events, with indoor and outdoor stages and a beautiful view of the lake. The building and utilities have been recently updated with plumbing and a sprinkler system, and the sale includes a liquor license.

    Located at 141 Congamond Rd in Southwick, MA, the property offers direct appeal to guests looking for a lakeside setting. The marina component includes 36 boat slips, with the remark noting that if leased, 16 slips would be for the restaurant.

    For operators, this is well-suited to a tenant or buyer seeking a full-service waterfront dining and entertainment platform with supporting liquor-license capability and on-site boat access. The existing bar fireplace, stage setup, and outdoor lake-view experience provide a ready framework for a chef-driven program, whether focused on dining service, hospitality, or hosted events. Serious inquiries are encouraged for parties prepared to make the space their own.
    Location Intelligence

    Current Use by Public Records

    The Coffee Canvas Cafe Cafe & Coffee Shop Fusion Bar and Grill Restaurant

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic Department Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southwick
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.7664051
    Latitude
    42.0189036

    Nearby Similar for Sale

    • $800,000
      6,662 SF

      Southwick Office Building For Sale

      6,662 SF office building with 40+ parking spots.
      800 College Hwy, Southwick, MA 01077
      View Details
    • $1,550,000

      Multi-Use Retail Property with Parking

      Two-building retail property operating as an established florist, with large parking and substantial frontage for flexible use.
      636 College Hwy, Southwick, MA, MA 01077
      View Details
    • $800,000
      6,662 SF

      Southwick Office Building For Sale

      6,662 SF office building with 12 rooms and ample parking.
      800 College Hwy, Southwick, MA, MA 01077
      View Details
    • $1,600,000

      Waterfront Restaurant with Liquor License

      Waterfront restaurant with boat slips and liquor license.
      141 Congamond Rd, Southwick, MA 01077
      View Details
    • $1,600,000

      Waterfront Restaurant with Liquor License

      Waterfront restaurant with 36 boat slips and liquor license.
      141 Congamond Rd, Southwick, MA 01077
      View Details
    • $1,600,000
      4,747 SF

      Waterfront Restaurant with Marina

      Restaurant with liquor license and marina with 36 boat slips.
      141 Congamond Rd, Southwick, MA 01077
      View Details
    • $1,550,000

      Established Florist Business Opportunity

      Multi-use property with two buildings, large parking, and acreage.
      636 College Hwy, Southwick, MA 01077
      View Details
    • $918,000
      1,751 SF

      Equestrian Estate with 21-Stall Barn

      18.11-acre horse property with barn and arenas.
      233 Mort Vining Road, Southwick, MA 01077
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Waterfront restaurant with lake views, indoor/outdoor stages, and an included liquor license, supported by marina boat slips.
    Where is this conventional restaurant located?
    The property is located at 141 Congamond Rd Southwick Southwick, MA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Waterfront restaurant with lake views; Includes a liquor license; Indoor and outdoor stages for events and entertainment
    (508) 501-1443
    We can help!
    Listing Contact
    Michele Costa
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    141 Congamond Rd, Southwick, MA, MA 01077
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!