Listing Agency: Argyle Realty Group LLC

Listed By: Daniel Connelly · License #MA 9073517

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 2:13AM

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Investment Insights

Based on property information with market context.

This restaurant-oriented property includes a full basement configured with a walk-in refrigerator and freezer, ice maker, and full bar. The building is positioned for restaurant use and may also accommodate retail, banking, office, personal service, supermarket, garden shop, multifamily, and assisted living uses identified for the site’s AE and GB designations.

The property sits at the merge of Route 3A and Route 129, with right-in and right-out access serving traffic connected to Route 3, I-495, Route 128/I-95, and I-93. The site is approximately 1 mile from I-3. Area retail surroundings include Market Basket, Panera Bread, Jo-Ann Fabrics, Chipotle, Starbucks, O’Reilly Auto Parts, The Paper Store, and CVS.

Key Highlights

• Full basement with walk‑in refrigerator, freezer, ice maker, and full bar
• 34,635+ ADT based on a 20‑year‑old study; current estimate is 40,000 cpd
• At the merge of Route 3A and Route 129

Property Analytics

Property Profile

Current Use

Mac’s Two Lounge Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Storage Facility (Bike/Boat/Book/etc) Store Electrical Service

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

40,000 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

317

Businesses Nearby

128k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Shops & Services 31% Groceries 27% Beauty & Spa 1%

Market Basket Groceries

34,245 visits/mo 0.4 miles

Starbucks Dining

17,646 visits/mo 0.3 miles

Speedway Shops & Services

14,591 visits/mo 0.2 miles

The Paper Store Shops & Services

14,587 visits/mo 0.3 miles

Panera Bread Dining

12,807 visits/mo 0.2 miles

Demographics for 01862, MA

11,430

Population

4,263

Households

2.7

Avg Household Size

40

Median Age

39%

College-Educated

91%

High-School Grad

9.1 sq mi

ZIP Area

1,256

Density / Sq Mi

$131,214

Median Household Income

$67,595

Median Earnings

$1,881

Median Rent

$503,600

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant-oriented property with a full basement and food-service infrastructure, including refrigeration, bar, and ice-making equipment.

Where is this conventional restaurant located?

The property is located at 176 Boston Road Billerica North Billerica, MA.

What are key features of this property?

This property features: Full basement with walk‑in refrigerator, freezer, ice maker, and full bar; 34,635+ ADT based on a 20‑year‑old study; current estimate is 40,000 cpd; At the merge of Route 3A and Route 129