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Mixed-Use Restaurant and Residential Property
For Sale
$699,000

181 W State Street, Granby, MA 01033

Restaurant-focused mixed-use asset with on-site apartment and studio units plus patio seating and 23 parking spaces.

Property Size4,315 SF
Lot Size1.87 Acres
Price / SF$161.99
Days on Market604

Property Features for 181 W State Street

General Information

Standard status Active
Size 4,315 SF
Total Parking Spaces 23
Lot size 1.87 Acres
Property subtype Commercial
Zoning GB2

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,133

Building Details

Building Size 4,315 SF
Year Built 1900
Listing Agency: Sagan Harborside Sotheby's International Realty
Listed By: Chris Bernier
Source: Churchillprop
Added: Jan 9, 2025 Changed: Sep 4 Last Checked: Aug 18 at 4:20AM

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 Sagan Harborside Sotheby's International Realty

Investment Insights

Based on property information with market context.

The property is a restaurant-focused mixed-use building on 1.87 acres, anchored by a fully operational restaurant space of 2,027 square feet. In addition to the restaurant, there is an 1,847-square-foot residential apartment and a detached 464-square-foot studio-style residential unit, creating multiple on-site income sources. The restaurant includes exterior patio seating and is currently open five days per week for breakfast and lunch.

Located on high-visibility Route 202 in Granby, the site is designed for straightforward customer access with 23 parking spaces. The property is described as surrounded by other businesses and benefits from mixed-use zoning intended to support continued restaurant operations.

For buyers and operators, the combination of an operating restaurant with two residential units can be appealing for those seeking a mixed-use setup that supports both daily foodservice activity and ongoing rental housing. The restaurant is presented as fully functional, and the presence of patio seating provides an outdoor option that can be used seasonally.

Key Highlights

  • 4,315 SF mixed‑use property on 1.87 acres in Granby with restaurant space plus residential rental units
  • Fully operational 2,027 SF restaurant (currently open 5 days/week for breakfast and lunch) with exterior patio seating
  • 1,847 SF residential apartment and a detached 464 SF studio‑style residential unit for additional rental income

Property Analytics

Current Use

Willow Wind Labradors Pet Store Bitter Day Herbals (Bike/Boat/Book/etc) Store Something Special Café ... Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Parts Store Law Firm Pharmacy

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
7,101 visits/mo 0.0 miles

Demographics for 01033, MA

6,092
Population
2,768
Households
2.2
Avg Household Size
47
Median Age
37%
College-Educated
94%
High-School Grad
27.8 sq mi
ZIP Area
219
Density / Sq Mi
$110,188
Median Household Income
$65,625
Median Earnings
$319,600
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 - Restaurant-focused mixed-use asset with on-site apartment and studio units plus patio seating and 23 parking spaces.
Where is this conventional restaurant located?
The property is located at 181 W State Street Granby, MA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,315 SF mixed‑use property on 1.87 acres in Granby with restaurant space plus residential rental units; Fully operational 2,027 SF restaurant (currently open 5 days/week for breakfast and lunch) with exterior patio seating; 1,847 SF residential apartment and a detached 464 SF studio‑style residential unit for additional rental income
More about this property
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