Tbd Watertown, MA 02472
- Investment properties
- 22.96 lot acres
Current Use by Public Records
- Investment properties
Property Details for Tbd
- Year built
- 2013
- Lot size
- 22.96 lot acres
- Property type
- Investment properties
Description
This exceptional business opportunity presents a thriving restaurant located in a bustling Watertown shopping plaza. Boasting a substantial 22.96-acre lot providing ample parking for patrons, this well-established eatery generates a significant annual gross income of $1,080,000. The spacious 3,000+ square foot interior comfortably accommodates 100 diners. Currently operating under a lease with five years remaining, the lease includes an optional five-year extension, providing long-term stability and security for the new owner. All inclusive monthly rent is $8,146. A valuable full liquor license is included in the sale, adding to the profitability and appeal of this turnkey operation. The prime location within a busy shopping plaza ensures high visibility and consistent foot traffic, contributing to the restaurant's impressive financial performance. This is a rare opportunity to acquire a profitable, established restaurant with a proven track record and significant growth potential in a desirable Watertown location. The substantial annual income and existing lease terms make this an attractive investment for experienced restaurateurs or savvy business owners seeking a high-return opportunity. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1861
- Latitude
- 42.3645