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    2294 Main St, Athol, MA 01331

    0.6 ac lot Built 2001
    Property ID
    Property summary
    AI-generated overview

    This well-established Athol, MA restaurant, "Old Time New England Sea Foods," presents a unique business opportunity. Operating successfully for 23 years, this 50-seat eatery currently maintains limited hours (22 hours per week, 4 PM to 8 PM). The significant upside potential lies in expanding operating hours to capture the breakfast and lunch markets, thereby increasing sales and income. The 0.6-acre property is leased, with the landlord covering heating, water, sewer, and snow removal costs, minimizing operational expenses for the buyer. The restaurant's prime location, just 9/10 of a mile west of Market Basket and North Quabbin Commons, ensures high traffic volume. The versatile space is ideal for various food service concepts, including a coffee roaster, bakery, commercial kitchen, or other restaurant types. This turnkey operation is perfect for a husband-and-wife team or family business. The asking price is $89,000. This represents a compelling investment opportunity in a thriving community. The property's square footage is not specified in the provided information.

    Property profile
    Verified
    Property type Investment properties
    Year built 2001
    Lot 0.6 ac (26,136 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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