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    1428 Center St Ludlow, MA 01056

    For Sale
    $1,400,000

    Established Restaurant, 4,238 SF

    Property size:
    4,238 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Ludlow, MA restaurant is available for $1,400,000. The 4,238 square foot, single-story building sits on a 0.7-acre lot and includes ample parking. Built in 1962, this Class B property boasts a versatile layout suitable for various culinary concepts. The existing liquor license adds significant value, and recent upgrades include patio furniture. The property's strategic location in Ludlow, MA ensures high visibility and accessibility, attracting both local residents and visitors. With its generous size and existing infrastructure, this restaurant presents a unique opportunity for a thriving hospitality business. The $330.34 per square foot price reflects the property's potential and prime location within a vibrant community. This is a turnkey opportunity to establish or expand a successful restaurant venture. The single-unit building offers a manageable footprint, while the ample space allows for creative design and layout options to suit diverse culinary needs. Don't miss this chance to own a well-situated restaurant in a thriving Massachusetts market.

    Property Features for 1428 Center St

    General Information

    Property type
    Wedding venues
    Square Feet
    4,238 SF
    Class
    B
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1962
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Villa Rose Restaurant ... Lounge

    Suggested Use

    Restaurant Hotel & Motel Accounting Firm Storage Facility Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4102336
    Latitude
    42.2051333

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    FAQs

    What type of property is this?
    Wedding venue - Established Restaurant, 4,238 SF
    Where is this wedding venue located?
    The property is located at 1428 Center St Ludlow, MA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    Request Owner's contact information
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    Ludlow, MA 01056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1428 Center St Ludlow, MA 01056
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