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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

123 Restaurant St Newburyport, MA 01950

1,720 SF Built 1921
Property ID
Property summary
AI-generated overview

This exceptional Class A, 1,720 sq ft QSR/Fast Food restaurant is located at 123 Restaurant St, Newburyport, MA 01950, in the heart of historic downtown. Built in 1921 and renovated in 2018, this single-story building boasts 100% occupancy and sits on a single unit with B3 zoning. The property features a strong history, loyal clientele, and significant growth potential. The asking price of $875,000 reflects a $775,000 real estate valuation and $100,000 for the business and fixtures, fittings, and equipment (FFE). Detailed financial information and location specifics are available upon execution of a confidentiality agreement and demonstration of financial capacity to purchase. This turnkey opportunity presents a rare chance to acquire a well-established food business in a high-traffic area. The property's 1720 square feet of net rentable space provides ample room for expansion and innovation. The business operates with easy hours, contributing to its profitability. This is not your average restaurant

Property profile
Verified
Property type Retail properties & Spaces
Year built 1921
Total area 1,720 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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