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Turnkey Restaurant Investment Opportunity
For Sale
$360,000

653A Broadway, Revere, MA 02151

Fully operational restaurant with liquor license on a high-traffic corridor.

Property SizeContact for details
Days on Market187

Property Features for 653A Broadway

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2025
Listing Agency: DMG Brokerage, LLC
Listed By: Jimmy Rodriguez
Source: Corcoran
Added: Feb 3 Changed: Aug 8 Last Checked: Aug 8 at 6:12AM

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 DMG Brokerage, LLC

Investment Insights

Based on property information with market context.

El Zarzal presents a turnkey restaurant investment opportunity situated on a high-traffic commercial corridor. This fully operational restaurant includes a valuable liquor license and is being sold with all furniture, fixtures, equipment, and appliances included. This allows for immediate continuation of operations or rapid concept conversion. Currently operating as a Colombian restaurant, the space offers flexibility for re-branding or repositioning under a new concept. The sale includes a fully built-out commercial kitchen, bar setup, dining room furniture, and all major appliances, significantly reducing upfront capital expenditure for investors or owner-operators. The Broadway location provides strong visibility, consistent traffic flow, and long-term demand. With dine-in, takeout, alcohol sales, and potential delivery expansion, the business offers multiple revenue streams and upside growth potential.

Key Highlights

  • Turnkey restaurant opportunity with immediate income potential.
  • Includes valuable liquor license.
  • All furniture, fixtures, and equipment (FFE) included in the sale.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Gym & Fitness Center Garden Center Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
CubeSmart Self Storage Shops & Services
1,563 visits/mo 0.5 miles

Demographics for 02151, MA

62,252
Population
23,461
Households
2.7
Avg Household Size
38
Median Age
25%
College-Educated
83%
High-School Grad
5.7 sq mi
ZIP Area
10,921
Density / Sq Mi
$80,948
Median Household Income
$43,374
Median Earnings
$1,964
Median Rent
$566,200
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully operational restaurant with liquor license on a high-traffic corridor.
Where is this conventional restaurant located?
The property is located at 653A Broadway Revere, MA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity with immediate income potential.; Includes valuable liquor license.; All furniture, fixtures, and equipment (FFE) included in the sale.
More about this property
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