2294 Main St, Athol, MA 01331
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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