Turnkey Equipped Restaurant
For Lease
Contact for pricing
83 Morse St, Norwood, MA 02062
Turnkey restaurant suite with main kitchen equipment in place and a proposed 125+ seating plan, plus beer & wine license.
Property Size4,695 SF
Days on Market563
Property Features for 83 Morse St
General Information
Standard status
Active
Size
4,695 SF
Property subtype
RETAIL
Lease Type
SF/yr
Listing Agency:
Ellis Realty Advisors
(781) 919-0800
Listed By:
Kerrick Pierce
Source:
Moodyscre
Added: Jan 13, 2025
Changed: Jul 28
Last Checked: Jul 29 at 12:19PM
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 Ellis Realty Advisors
Investment Insights
Based on property information with market context.
This turnkey restaurant space is planned to be finished in fall/winter 2024 and includes main kitchen equipment already in place. The space totals 4,695 square feet across multiple levels and is designed for a proposed seating count of 125+.
The restaurant operates within a facility home to Luke Adams Glass, including glass blowing classes and the manufacture of custom glass pieces. A beer & wine license is noted for the space, and additional mezzanine space and a patio are also listed as available.
Ownership is seeking a seasoned operator to bring a creative concept to the premises.
The restaurant operates within a facility home to Luke Adams Glass, including glass blowing classes and the manufacture of custom glass pieces. A beer & wine license is noted for the space, and additional mezzanine space and a patio are also listed as available.
Ownership is seeking a seasoned operator to bring a creative concept to the premises.
Key Highlights
- Proposed turnkey restaurant suite with main kitchen equipment in place
- 4,695 sq ft restaurant space on multiple levels, with finish planned for fall/winter 2024
- Proposed seating for 125+
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02062, MA
31,611
Population
13,961
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
3,011
Density / Sq Mi
$97,110
Median Household Income
$60,434
Median Earnings
$2,056
Median Rent
$613,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant suite with main kitchen equipment in place and a proposed 125+ seating plan, plus beer & wine license.
Where is this conventional restaurant located?
The property is located at 83 Morse St Norwood, MA.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: Proposed turnkey restaurant suite with main kitchen equipment in place; 4,695 sq ft restaurant space on multiple levels, with finish planned for fall/winter 2024; Proposed seating for 125+