Corner Restaurant With Liquor
For Sale
Contact for pricing
Pending
497 Belmont Ave, Springfield, MA 01108
Corner restaurant currently set up as an upscale Italian concept with liquor license, bar seating, and 67 total seats.
Property SizeContact for details
Days on Market149
Property Features for 497 Belmont Ave
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Liquor License
Yes
Listing Agency:
Perella Real Estate Co. Inc
Listed By:
Carl Perella · License #MA 9018160
(413) 525-9800
Source:
Crexi
Added: Apr 12
Changed: Aug 24
Last Checked: Sep 2 at 1:12AM
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 Perella Real Estate Co. Inc
Investment Insights
Based on property information with market context.
This corner restaurant is currently operating as an upscale Italian concept and is being sold with the existing full liquor license in place. The interior layout includes bar seating for 19 and a total seating capacity of 67. All equipment will be included in the sale, and most trade fixtures are included as well, with certain items noted in the disclosures as potentially purchasable separately.
The building is described as having previously housed a national franchise chain and included a drive-through window before the current use. The property is located in a high-traffic area and is stated to be suitable for all business-zoned uses.
With the included equipment and most fixtures, the space is positioned for an operator looking to take over a turnkey restaurant setup at a prominent corner location.
The building is described as having previously housed a national franchise chain and included a drive-through window before the current use. The property is located in a high-traffic area and is stated to be suitable for all business-zoned uses.
With the included equipment and most fixtures, the space is positioned for an operator looking to take over a turnkey restaurant setup at a prominent corner location.
Key Highlights
- Corner restaurant location in Springfield’s Forest Park X section, currently operating as an upscale Italian concept.
- Full liquor license included with the sale.
- Bar seating for 19 plus total seating capacity for 67.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 35%
Electronics 4%
Taco Bell
Dining
16,329 visits/mo
0.0 miles
Cumberland Farms
Shops & Services
14,122 visits/mo
0.0 miles
Dunkin' Donuts
Dining
9,407 visits/mo
0.1 miles
Valero Energy
Shops & Services
9,322 visits/mo
0.5 miles
Santander Bank
Shops & Services
8,223 visits/mo
0.2 miles
Demographics for 01108, MA
27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
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 - Corner restaurant currently set up as an upscale Italian concept with liquor license, bar seating, and 67 total seats.
Where is this conventional restaurant located?
The property is located at 497 Belmont Ave Springfield, MA.
What are key features of this property?
This property features: Corner restaurant location in Springfield’s Forest Park X section, currently operating as an upscale Italian concept.; Full liquor license included with the sale.; Bar seating for 19 plus total seating capacity for 67.
