Built-Out Restaurant with
211 Main St Oxford, MA 01540
211 Main St, Oxford, MA, 01540
Contact for pricing
For Sale
Contact for pricing
Restaurant building includes a large commercial kitchen, dedicated dining area, separate bar/lounge, and 25 on-site parking spaces.
Property Size4,722 SF
Lot Size0.60 Acres
Price / SF$189.54
Days on Market115
Property Features for 211 Main St
General Information
- Standard status
- Active
- Size
- 4,722 SF
- Lot size
- 0.60 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1940
Listing agency
NAI Glickman Kovago & Jacobs
(774) 823-0808
Listed by
Joey Powers · License #MA 9589503
Source
Crexi
Added: Mar 30 Updated: Jul 21 at 10:02PM Checked: Jul 21 at 10:02PM
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 NAI Glickman Kovago & Jacobs
Investment Insights
Based on property information with market context.
A fully built-out restaurant property, the former Happy Garden Restaurant at 211 Main St features an efficient layout with a large commercial kitchen, a dedicated dining area, and a separate bar/lounges space. The approximately ±4,722-square-foot building is situated on an approximately 26,136-square-foot parcel and is designed for straightforward hospitality operations with interior spaces already in place.
The property is positioned along the Route 12 corridor and offers immediate access to Route 12, with less than five minutes to I-395. It provides on-site parking with 25 spaces and benefits from General Business (GB) zoning, supporting a wide range of permitted uses beyond restaurant, including retail, service, or redevelopment. The site’s access also supports regional travel connections to I-90 (Mass Pike), Route 20, and Route 146.
The property is positioned along the Route 12 corridor and offers immediate access to Route 12, with less than five minutes to I-395. It provides on-site parking with 25 spaces and benefits from General Business (GB) zoning, supporting a wide range of permitted uses beyond restaurant, including retail, service, or redevelopment. The site’s access also supports regional travel connections to I-90 (Mass Pike), Route 20, and Route 146.
Key Highlights
- 4,722 SF restaurant building built in 1940 on a 26,136 SF parcel
- Includes large commercial kitchen, dedicated dining area, and separate bar/lounging space
- General Business (GB) zoning with permitted uses beyond restaurant, including retail and service
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.0k | $21.60 |
| − Vacancy | −$2.2k | −$0.48 |
| EGI | $99.8k | $21.12 |
| − OpEx | −$24.9k | −$5.28 |
| NOI | $74.8k | $15.84 |
4,722 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.07M
$935.2K – $1.25M
NOI $74,813 @ 7.0% cap · market cap 8.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,875 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Happy Garden Restaurant
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant building includes a large commercial kitchen, dedicated dining area, separate bar/lounge, and 25 on-site parking spaces.
Where is this conventional restaurant located?
The property is located at 211 Main St Oxford, MA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 4,722 SF restaurant building built in 1940 on a 26,136 SF parcel; Includes large commercial kitchen, dedicated dining area, and separate bar/lounging space; General Business (GB) zoning with permitted uses beyond restaurant, including retail and service
